EPISODE · Apr 28, 2026 · 44 MIN
Michael Burry Made $825M Then Walked Away From Wall Street
from Sleepy Stock Market · host Sleepy Stock Market
Michael Burry personally earned $100 million during the 2008 financial collapse — while his own investors were sending him lawsuit threats. He shorted the subprime mortgage market starting in 2005, purchasing credit default swaps directly from Goldman Sachs, and refused to unwind the trade for nearly two years as it haemorrhaged paper losses. When the crash hit, his remaining investors collected $725 million — a historic vindication. In November 2025, Burry deregistered Scion Asset Management from the SEC, posted 'On to much better things' on X, and launched a $379-per-year newsletter warning that AI stocks are the next subprime bubble.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#MichaelBurry #WallStreet #BigShort #StockMarket #Investing #HedgeFund #FinancialCrisis #AIBubble #Scion #Contrarian
What this episode covers
Michael Burry personally earned $100 million during the 2008 financial collapse — while his own investors were sending him lawsuit threats. He shorted the subprime mortgage market starting in 2005, purchasing credit default swaps directly from Goldman Sachs, and refused to unwind the trade for nearly two years as it haemorrhaged paper losses. When the crash hit, his remaining investors collected $725 million — a historic vindication. In November 2025, Burry deregistered Scion Asset Management from the SEC, posted 'On to much better things' on X, and launched a $379-per-year newsletter warning that AI stocks are the next subprime bubble.🎧 Part of the Sleepy Stock Market series — financial history told as documentary audio.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━SLEEPY STOCK MARKETFall asleep to the greatest stories in financial history.━━━━━━━━━━━━━━━━━━━━━━━━━━━━━#MichaelBurry #WallStreet #BigShort #StockMarket #Investing #HedgeFund #FinancialCrisis #AIBubble #Scion #Contrarian
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Michael Burry Made $825M Then Walked Away From Wall Street
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