'Big Short' Michael Burry bet against Palantir and Nvidia
"Big Short" investor Michael Burry backed his market bubble warning with big money. Burry's hedge fund, Scion Asset Management, made massive bearish wagers using put options — contracts that profit when share prices fall — on Nvidia and Palantir Technologies, according to a regulatory filing released Monday for the quarter ending September 30.Scion disclosed a 1 million-share equivalent put on Nvidia valued at about 912 million ...