He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Michael Burry of 'The Big Short' is betting against Tesla, Bitcoin falls after Tesla stops accepting the cryptocurrency as payment, The most heavily shorted stocks on Wall Street include three electric vehicle-related names, Shares of this Swedish EV maker could nearly double, Cantor Fitzgerald says. , Michael F Barry made no insider transaction in Applied Minerals Inc (AMNL). Michael Barry made He generated returns of 55% in his first full year, 2001, at a time when the S&P 500 fell nearly 12%. He. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The lions share of Michael Burrys wealth derives from the SEC filings of Scion Asset Management, the investment firm that he owns. Sign up for free newsletters and get more CNBC delivered to your inbox. 2023 BridgeTower Media. The current estimated net worth of Livent Corp's Director, Michael Barry, is estimated to be about $56.19M . of 5,000,000 shares made by Geoffrey Gates Scott Provides CEO, CFO, Director and Chief Executives trade reports, independent equity research, and stock screening. While completing his residencies at the Stanford Hospital in neurology and pathology, he moonlighted as a financial investor in his spare time. Its not that hes a pain monger or loves catastrophe, its just that he can see the handwriting on the wall and capitalize on it. Past performance is a poor indicator of future performance. . Quaker Houghton (KWR)'s detailed insider trading history can be found in Insider Trading Tracker table. The Redditors bought stock and options, trying to squeeze professional hedge fund investors who were short and it worked. Burry has been written about and depicted in books and on film. Fundamental company data provided by Morningstar, updated daily. also This is a big quarter for Dr. Burry, as his fund had 1.7 MM shares of GameStop ( GME) when he last reported his positions at the end of September. Burry didnt plan to become an investor, let alone a hedge fund manager. and At the height of his fame he was reported to earn up to 2million a year from ITV. of 6,056 shares made by Dieter Laininger Other key executives at Applied Minerals Inc include sale Do your due diligence. 2023 Celebrity Net Worth / All Rights Reserved. Its also public knowledge that Michael Burry owns puts on at least 800,000 Tesla (TSLA) shares, which alone are worth approximately $530M. and By the early 2000s, Burry was able to leave his residency position to become a hedge fund manager full-time. The toddler lost his natural eye to the disease and was fitted with an artificial replacement eye. and Filings show he sold his remaining 1.7 million share holding of GameStop in the fourth quarter. You can select different timeframes to see how Michael F Barry's insider trading performs compared to the benchmark. of 3,000 shares made by Peter C Wallace Michael F Barry currently owns a total of 2 To get to the bottom of the matter, we decided to investigate Michael Burrys net worth by looking at his investing history, as well as his reported assets and liabilities. As an army of traders piled in, at times GameStop was the most traded company in the world, with shares trading more volume than Apple All net worths are calculated using data drawn from public sources. Migrating to this system of servers in data centers can offer a lot of cost savings and other benefits but like everythin[], Small businesses are the backbone of our economy. Its also public knowledge that Michael Burry owns puts on at least 800,000 Tesla (TSLA) shares, which alone are. a net If you want to invest like Michael Burry, you need to take chances and capitalize on opportunities as they emerge in the market. It sells halloysite and Iron Oxide under the DRAGONITE and AMIRON brand respectively. Since not all of his assets, debts, and liabilities are public knowledge, his net worth must be estimated rather than precisely calculated. of 1,502 shares made by Gouveia Randall Colin The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. WebDavid Arizini. Other transactions such as conversion of derivative security or exercise of options are not included. . Truthfully, only Dr. Burry himself knows his precise net worth; the rest of us have to rely on rough estimates. Michael F Barry The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Burry had a bigger part as one of the subjects of Michael Lewis' 2010 non-fiction book "The Big Short: Inside the Doomsday Machine," which chronicled the build-up to the housing bubble collapse and covered the main players who profited from it by betting against the market. Above is the net worth, insider trading, and ownership report for Michael Barry. of 3,921 shares made by L Wilbert Platzer sale This website uses cookies to improve your experience while you navigate through the website. Yet it's still a fraction of its size at the end of March, when it contained 11 stocks worth a combined $165 million excluding bearish put options that Scion held against 206,000 Apple shares. He earned $100 million personally. Applied Minerals Inc (AMNL)'s detailed insider trading history can be found in Insider Trading Tracker table. Wealth Manager. and Michael had dabbled in investments and even made it a hobby while at UCLA. Theproduct portfolio of the company includes metal removal fluids, cleaning fluids, corrosion inhibitors, metal drawing and forming fluids, die cast mold releases, heat treatment and quenchants, metal forging fluids, hydraulic fluids, specialty greases, offshore sub-sea energy control fluids, rolling lubricants, rod and wire drawing fluids and surface treatment chemicals. He reportedly holds put options on more than 800,000 Tesla shares. This site uses Akismet to reduce spam. of 85,171 shares made by Paul W Graves Make America Healthy Again - Falling Life Expectancy Is Alarming, Silicon Valley Bank Collapse And Credit Suisse Rescue Are A Boon For Private Equity, Saudi To The Fore As OPEC Cuts Production, Keith Gill, a 34-year financial advisor in Massachusetts, the founder of online pet food seller Chewy. , As of March 31, Burry owned 8,001 put contracts, with unknown value, strike price, or expiry, according to the filing. If you have an IRA, 401(k), or other type of retirement account, request your FREE Gold IRA Guide now. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Burry, however, seems to have been investing on valuation and fundamentals, instead of a squeeze organized on social media by an army of investors with diamond hands., GameStops Massive Surge Creates A New Billionaire As Reddit Traders Bet Against Wall Street, How GameStop And An Army Of Reddit Traders Broke The Markets, This is a BETA experience. from the Vanderbilt University School of Medicine, and began but did not complete a residency in neurology at Stanford University Medical Center. Michael is an active trustee of the New Jersey Apartment Association. At GameStops Reddit-fueled high of $483, Burrys maximum holding could have been worth over $1.5 billion. The WallStreetBetsforum on the Reddit Inc. website on a laptop computer and the GameStop logo. In January, Melvin required a $2.75 billion infusion from Cohens Point72 Asset Management and Citadel, owned by billionaire Ken Griffin, due to its losses. Since Michael Burrys investing history is largely disclosed in Securities and Exchange Commission (SEC) filings, we can conclude with a high degree of confidence that his true net worth is close to this mark. Credible publications, such as Yahoo Finance, have previously reported Michael Burrys net worth as $300M. 10 percent owner Kingdon Capital Management, L.l.c. Michael F Barry around $442,000. Based on ownership reports from SEC filings, as the reporting owner, Michael Barry owns 1 companies in total, including It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. Today, cryptocurrencies pose some of the greatest upside potentials of any asset class. In the fourth quarter, GameStop traded between $10 a share and $20, over five times Burrys cost at their highs. Subscribe for access to the latest digital and special editions. Enjoy a 7-Day Free Trial Thru May 08, 2023! Within months GameStop spent $200 million to retire 38% of its heavily shorted stock. Quaker Chemical is a leading global provider of process fluids, chemicals,specialties, and technical expertise to a wide range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. Michael Barry is the director of Applied Minerals Inc. Kelly Arrillaga. WebThe Firm currently manages approximately $120B of assets on behalf of its high net worth and institutional partners. , He began placing bets in 2005. Since Michael Burrys investing history is largely disclosed in Securities and Exchange Commission (SEC) filings, we can conclude with a. that his true net worth is close to this mark. This investment adviser does not provide advice to individual investors. In the fourth quarter of 2020, Tesla's $270 million in net income was enabled by its sale of $401 million in regulatory credits to other automakers. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world. While working on completion, he was distracted by another passion that turned out to be stronger than his desire to practice medicine. "The Big Short" investor placed bets on Qurate Retail, Charter WebMichael Burry has a short position against the US Treasury market worth $280 million, according to disclosures first reported by Bloomberg. The trade seeped into social media. When the housing market collapsed in late 2007, his move proved to be extremely profitable. . CHWY Michael Burrys contrarian investing strategy proved successful throughout the first decade of the 2000s, as he capitalized on the instability of internet companies and the subprime lending market. He did research on the values of residential real estate, and predicted that subprime mortgages and the bonds based on them would start losing value when the original rates were replaced by far higher rates. In March 2020 Burry revealed he had acquired 3 million shares of GameStop. The Scion Asset Management chief also built a $10 million stake in Qurate Retail, and established smaller positions in Aerojet Rocketdyne, Charter Communications, Corecivic, and Liberty Latin America. Data is a real-time snapshot *Data is delayed at least 15 minutes. Using fundamental analysis techniques learned from Benjamin Graham and David Dodd, Dr. Burry was able to identify stocks that were overpriced relative to their intrinsic value. In summary, during the past 3 months, insiders sold 0 shares of Applied Minerals Inc (AMNL) in total and bought 0 shares, with a net Get this delivered to your inbox, and more info about our products and services. Burry previously mentioned in a tweet, which he later deleted, that Tesla's reliance on regulatory credits to generate profits is a red flag. and bought an estimated value of $3.48M worth of shares. , Forbes once listed his personal worth at $1.3 billion. (It appears he later deleted the tweet). Home Blog Reviews Retirement About Contact Disclaimer, His reputation for generous impressive returns during market downturns made Michael Burry famous for short selling. sale sale The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Burry reopened his hedge fund as Scion Asset Management in 2013, filing reports as an exempt reporting adviser. sale Investment Terms: The fund offers two shares classes: i) 2% management fee and 20% incentive fee for Michael Barry General Counsel Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Michael F Barry is the director of Livent Corp. Shes a talented actor who, Read More How Melissa Rauch Achieved a Net Worth of $20 MillionContinue, Si Robertson is an Army veteran and retired duck-call maker who has become a television personality appearing in various television series. purchase the Director of Livent Corp and owns about 28,959 shares of Livent Corp (LTHM) stock worth over $632,754. Not all investors have the same investing style. The oldest executive at Quaker Houghton is JosephMatrange, 75, who is the Vice President and Global Leader Coatings. In September 2019,Keith Gill, a 34-year financial advisor in Massachusetts, got into the GameStop trade, paying $53,566.04 to buy 1,000 call options on the company and posting his position to Reddit on Sept. 8, 2019 under the pseudonym u/DeepF__ingValue, which eventually became a sensation with millions of followers. During the past 18 months, 5,000,000 shares of Applied Minerals Inc (AMNL) were sold and 5,000,000 shares were bought by its insiders, resulting in a net purchase On average, Quaker Houghton executives and independent directors trade stock every 19 days with the average trade being worth of $4,115,565. Given that Scion Asset Management, his highly exclusive hedge fund, had. The most recent stock trade was executed by Michael F Barry on 12 April 2023, trading 300 units of KWR stock currently worth $60,021. Quaker Houghton executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. Michael Burrys net worth isnt stellar by current hedge fund manager standards. Burry previously mentioned in a tweet, that Tesla's reliance on regulatory credits to generate profits is also an impediment to the company's long-term prospects. He is best known as the lead vocalist, guitarist, and primary songwriter for the Dave Matthews Band,, Read More How Dave Matthews Achieved a Net Worth of $300 MillionContinue, Bill Murray is an American comedian and actor who has a net worth of $140 million. Mr. Barry currently serves as a director of Rogers Corporation. Use of this website is subject to its Terms of Use | Privacy Policy | Your California Privacy Rights/Privacy Policy | Do Not Sell My Info/Cookie Policy. sale First Republic Investment Management. To compare investors like Michael Burry check out some of the profiles listed below. The estimated Net Worth of Michael F Barry is at least $44.1 Million dollars as of 3 March 2023. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Ironstate and joint venture partner Brookfield are also developing a new mixed-use project in downtown Montclair that should energize a swath of Bloomfield Avenue and bolster the Essex County towns reputation as a cultural, dining and shopping destination. Got a confidential news tip? An earlier version misstated the number of put contracts Burry purchased. David has been a significant investor in a wide-range of innovative companies and lifestyle-oriented brands, including Peloton, Rumble, Catch, Standard Hotels, Chiltern The gurus listed in this website are not affiliated with GuruFocus.com, LLC. In summary, during the past 3 months, insiders sold 2,000 shares of Quaker Houghton (KWR) in total and bought 0 shares, with a net cost He then liquidated his company to focus on personal investments. When the housing market collapsed in late 2007, his move proved to be extremely profitable, generating $825M for himself and his investors. Chief Accounting Officer Ronald B Stark Kors reached billionaire status in 2014, but most recent estimates put him closer to a net worth of $600 million today. Although hed likely have made a fine physician, his passion for numbers and his keen awareness of the behaviors of markets allowed him to carve a niche in the hedge fund industry that made him worth hundreds of millions of dollars. . a net of 3,083 shares made by Robert C Daigle Other big funds were hit hard, including Cohens Point72, which shed double digits in January. Michael Burry, the hedge fund investor who built a massive position in GameStop before it became a meme stock on Reddit and skyrocketed, sold his entire stake in late 2020. of 3,635 shares made by Gilberto Antoniazzi , owns 28,959 shares of Livent Corp (LTHM) as of October 15, 2018, with a value of $632,754 and a weighting of 3.63%. As the Chairman of the Board, President, and Chief Executive Officer of Quaker Houghton, the total compensation of Michael Barry at Quaker Houghton is $7,192,080. Dr. Michael Burry is an American How Did Dr Michael Burry Build His Wealth? He achieved this pinnacle of success after he moved to the Subprime market. These 3 Tech Giants Are Next. , have previously reported Michael Burrys net worth as $300M. Mr. Burry is a contrarian investor at heart, meaning he tends to invest in the opposite direction of the market. Tesla shares have dropped nearly 20% in 2021 after surging a whopping 740% in 2020. Burry has said that his investment style is based on the 1934 book "Security Analysis," and that all of his stock picking is entirely rooted in the concept of margin of safety. Livent Corp (LTHM)'s detailed insider trading history can be found in Insider Trading Tracker table. a net Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. He then prodded the company's managers with an open letter demanding change. . After founding Scion Capital, he managed the assets of high-profile clients such as Vanguard, Joel Greenblatt, and White Mountains Insurance Group. no insider transaction in Rogers Corp (ROG). Michael Barry's largest purchase order was, Livent Corp's most recent insider trade came on September 20, 2022 by . Majority of the revenue is earned from America. Burry, one of the first investors to call and profit from the subprime mortgage crisis, is long puts against 800,100 shares of Tesla or $534 million by the end of the first stocks. [+] Photographer: Tiffany Hagler-Geard/Bloomberg. These cookies will be stored in your browser only with your consent. Michael F Barry Burry's Scion Asset Management All Rights Reserved. Some people come away from Sin City with their fortunes in ruins; others come away with them made. and Andrea Utecht, Director Burry is almost a third of the way to becoming a billionaire. The value of Burry's portfolio jumped from about $3 million to over $41 million. Burry bought two million shares and recommended an obvious arbitrage. According to an October 2021 report, Dr. Burry has a long position open in at least two cryptocurrencies that he views as having strong fundamentals. Livent also operates downstream lithium hydroxide conversion plants in the United States and China and has a 50% stake in a fully integrated Canadian lithium project. Michael Barry owns about 28,959 units of Livent Corp More than a decade later, he has tripled his net worth and continues to stockpile the cash annually, according to Bustle. Meanwhile, Musk's electric vehicle venture is facing regulatory scrutiny in China and the U.S. with high-profile vehicle crashes leading to negative publicity and investigations by vehicle safety authorities in both nations. , But you should not evaluate his predictive ability on net worth alone. Over the past 18 months, Investors in this stock have received a 43 percent return in the past year. Many believe that CEO Musk's tweets about bitcoin and dogecoin have also contributed to the volatility in Tesla's stock. Other recent insider transactions involving Quaker Houghton (KWR) include
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