Most notably, Burrys firm purchased credit default swaps from Goldman Sachs that were positioned against subprime mortgage deals. he continued to make personal investments that have delivered high returns on investments. His talent as an investor caught the attention of some of the larger companies. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. As somewhat of a reclusive persona, Dr. Burry has built his net worth simply by investing wisely, rather than making a spectacle of himself. Oh, yeah, he also happens to be a licensed medical doctor. GameStop could pull off perhaps the most consequential and shareholder-friendly buyback in stock market history with elegance and stealth, Burry told the company after disclosing his position. 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. Get our free e-alerts & breaking news notifications! . NJBIZ, New Jerseys leading business journal, provides 24/7 business news coverage and events honoring top business professionals. a net Sign up for our newsletter to get the inside scoop on what traders are talking about delivered daily to your inbox. These assets are important elements in the investors diversification strategy and play a key role in his investing success and risk management practices. He recovered fully from the frightening event and took an interest in medicine. We may earn money from products reviewed. In the first quarter of 2021, Tesla reported $518 million in sales of regulatory credits, which Elon Musk's company generally receives from government programs to support renewable energy. Burry didnt plan to become an investor, let alone a hedge fund manager. . Michael F Barry is the VP & CFO & Treasurer of Quaker Houghton. AAPL The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. of 3,083 shares made by Robert C Daigle Michael Burry is long puts against 800,100 shares of Tesla or $534 million by the end of the first quarter, according to a filing with the U.S. Securities and Exchange Commission. This website uses cookies to improve your experience while you navigate through the website. Data is a real-time snapshot *Data is delayed at least 15 minutes. of 0 shares. and After Losing 90% Of His Wealth In 2008, Bill Miller Became A Billionaire Again Thanks To Bitcoin And Amazon. The investor of "The Big Short" fame quadrupled his stake in Geo Group, which invests in private prisons and mental-health facilities, to just over 2 million shares worth $15.5 million at the end of September. purchase Burry was depicted in Michael Lewis' book "The Big Short" and the subsequent Oscar-winning movie of the same name. or Amazon At its peak, Burrys position Burrys in GameStop amounted to 3.4 million shares or 5.3% of the ailing video game retailer, purchased at prices between $2 and $4.20 a share. Another infamous Burry bet has been video game retailer GameStop. and Fundamental company data provided by Morningstar, updated daily. and Livent is a pure-play lithium producer that was formed when FMC spun off its lithium business in October 2018. Although it encompasses risk, Mr. Burrys investing strategy also yields high potential rewards, which is how Michael Burrys net worth was amassed over the years. 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. of 3,635 shares made by Gilberto Antoniazzi Michael F Barry made 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 In 2000, Burry founded the Scion Capital hedge fund. This investment adviser does not provide advice to individual investors. Although he doesn't practice, Burry has kept his license active with the Medical Board of California. , have previously reported Michael Burrys net worth as $300M. Gilberto Antoniazzi, Vice President and CFO, The movie was titled The Big Short and it was nominated for a Golden Globe Award. This is a long way from the impoverished upbringing that he had in Chicago, where he was one of, Read More How Bill Murray Achieved a Net Worth of $140 MillionContinue, Jennifer Garner is an actress, activist, and entrepreneur who has achieved great success in all aspects of her career. In total, Michael Barry has made about 5 transactions over 4 years of their time at Livent Corp. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. a net Shares of Tesla fell more than 4% on Monday, bringing its month-to-date losses to nearly 20%. Applied Minerals Inc (AMNL) Tesla is currently delayed in producing and delivering its updated versions of its high-end sedan and SUV, the Model S and X, respectively. Not all investors have the same investing style. Burry bought two million shares and recommended an obvious arbitrage. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. He then liquidated his company to focus on personal investments. Tesla has had a turbulent 2021 amid slumping sales in China in April, and parts shortages that have impeded production both in the U.S. and China. All Rights Reserved. As stated above, Michael Burry is a talented stock picker who routinely bets against the momentum in the market. His son was diagnosed with Asperger syndrome; after reading up on the disorder, Burry believes he might have it himself. sale Other key executives at Rogers Corp include Michael Burry was born on June 19, 1971 in San Jose, California. Truthfully, only Dr. Burry himself knows his precise net worth; the rest of us have to rely on rough estimates. The oldest executive at Quaker Houghton is JosephMatrange, 75, who is the Vice President and Global Leader Coatings. brought 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. Michael Barry usually trades in May, with the busiest year in 2021, 2018, 2019, 2022 and 2020. , The most active insiders traders include Donald R Caldwell, Hungary Holding Korlatolt F, and Michael F Barry. The Redditors bought stock and options, trying to squeeze professional hedge fund investors who were short and it worked. Michael Burry is a famous hedge fund manager who made a killing in the market when the housing crash of 2008 hit. 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. Among these stocks, His reputation for generous impressive returns during market downturns made Michael Burry famous for short selling. Dr. Michael Burry is an American While completing his residencies at the Stanford Hospital in neurology and pathology, he moonlighted as a financial investor in his spare time. Michel continues to do what he loves for a living, and it seems that the money just keeps piling up in his accounts. Subscribe for access to the latest digital and special editions. You can see the complete history of Mr. Barry stock trades at the bottom of the page. the Director of Livent Corp and owns about 28,959 shares of Livent Corp (LTHM) stock worth over $632,754. Past performance is a poor indicator of future performance. Does Michael Burry Invest in Alternative Assets? Michael F Barry around $442,000. The current estimated net worth of Livent Corp's Director, Michael Barry, is estimated to be about $56.19M . During the past 18 months, 4,985 shares of Rogers Corp (ROG) were sold and 4,000 shares were bought by its insiders, resulting in a net It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. He is chairman of the Liberty Science Center and a founding board member of Beat the Streets Wrestling. 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%. Quaker Houghton manufactures and sells a variety of industrial process fluids. The lions share of Michael Burrys wealth derives from the SEC filings of Scion Asset Management, the investment firm that he owns. Beginning in the early 2000s, Burry saw a string of successes as the manager of Scion Capital, a now-defunct hedge fund. sale sale a net To compare investors like Michael Burry check out some of the profiles listed below. Michael F Barry is the director of Rogers Corp. a net He then prodded the company's managers with an open letter demanding change. 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. Gurus may be added or dropped from the GuruFocus site at any time. 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. no insider transaction in Rogers Corp (ROG). Although it came a little later, he was close in his timing. WebMichael Barry net worth is $1.7 Million Michael Barry Wiki: Salary, Married, Wedding, Spouse, Family Michael Barry is an actor, known for Honor and Glory (1993). Investment Terms: The fund offers two shares classes: i) 2% management fee and 20% incentive fee for Michael Barry General Counsel Almost immediately, he was earning enormous profits for his investors. Burry subsequently obtained his M.D. WebRich List 2022 is our definitive guide to the wealth of the UKs richest people. 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. Michael F Barry Given Dr Michael Burrys incredible credentials, many people wonder: what is Michael Burrys net worth? Its estimated at $200.0 million. VP & Gen Counsel & Secretary Jessica Ann Morton Investor and physician Dr Michael Burry built his fortune by beating the market when the market was beating everyone else. 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. WebMichael Burry has a short position against the US Treasury market worth $280 million, according to disclosures first reported by Bloomberg. Insiders are limited to only officers and/or directors of the company. Mr. Barry owns over 300 units of Quaker Houghton stock worth over $16,820,215 and over the last 20 years he sold KWR stock worth over $19,048,800. of 5,000,000 shares made by Ibs Turnaround Fund (qp) (a Ltd Partnership) GuruFocus tracks the stock performance after each of Michael F Barry's buying transactions within different timeframes. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. Within 12 months the fund gained just under 12 percent. AMZN This site uses Akismet to reduce spam. Sign up for your daily digest of New Jersey News. Instead of billions, however, Burry looks like he may have made about $100 million on GameStop. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Burry began focusing on the subprime market in 2005. Truthfully, only Dr. Burry himself knows his precise net worth; the rest of us have to rely on rough estimates. The book was adapted into a 2015 film directed by Adam McKay and starring Brad Pitt, Ryan Gosling, Steve Carell, and Christian Bale as Burry. Burry was portrayed by Christian Bale in the 2015 film "The Big Short". and Access your favorite topics in a personalized feed while you're on the go. According to Love Money, Hes numbered among the most famous hedge-betters including George Soros, John Paulson, and Jim Chanos, who bet on the worst happening and got rich for being right. How Dave Matthews Achieved a Net Worth of $300 Million, How Bill Murray Achieved a Net Worth of $140 Million, How Jennifer Garner Achieved a Net Worth of $80 Million, How Melissa Rauch Achieved a Net Worth of $20 Million, How Si Robertson Achieved a Net Worth of $8 Million, 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. David has been a significant investor in a wide-range of innovative companies and lifestyle-oriented brands, including Peloton, Rumble, Catch, Standard Hotels, Chiltern Michael F Barry GuruFocus also compares Michael F Barry's trading performance to market benchmark return within the same time period. 10 percent owner Kingdon Capital Management, L.l.c. To invest in cryptocurrencies in a tax-advantaged account, check out our list of the best Bitcoin IRA companies today. At the height of the dot-com bubble, Burry successfully shorted many stocks that he deemed were overvalued by speculative investors. Michael Barry's largest purchase order was 28,959 units , worth over Today, cryptocurrencies pose some of the greatest upside potentials of any asset class. You might contact Michael F Barry via mailing address: One Quaker Park, 901 Hector St, Conshohochen Pa 19428. "The Big Short" investor placed bets on Qurate Retail, Charter Communications, and other companies. owns 90,126 shares of Quaker Houghton (KWR) as of April 14, 2023, with a value of $17 Million and a weighting of 96.37%. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. When he was two years old, he lost his left eye to retinoblastoma, and has had an artificial eye ever since. By the early 2000s, Burry was able to leave his residency position to become a hedge fund manager full-time. and In an April 2010 op-ed piece for The New York Times Burry argued that anyone who carefully studied the financial markets from 2003 to 2005 could have easily recognized the risk in the subprime markets. You may opt-out by, Photographer: Tiffany Hagler-Geard/Bloomberg, Turkeys Crucial Election Could Mean The End Of Erdogan Era, Shockwaves In Swiss Banking Following Credit Suisse Collapse. Over the past 18 months, . The gurus listed in this website are not affiliated with GuruFocus.com, LLC. $118.27K . a net His early years were difficult as he was diagnosed with cancer at the age of two. The trade seeped into social media. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. of 2,000 shares. and bought an estimated value of $3.48M worth of shares. To achieve these returns, Burry used a strategy of shorting overvalued tech stocks. But opting out of some of these cookies may have an effect on your browsing experience. As of 12 April 2023 he still owns at least 90,126 units of Quaker Houghton stock. Kelly Arrillaga. Stock quotes provided by InterActive Data. Livent should benefit from increased lithium demand via higher electric vehicle adoption, as lithium is a key component of EV batteries. Michael Burry's hedge fund is today 60% invested in real asset-heavy stocks, and he also has a large chunk of his personal wealth invested in farmland and other real assets. , , Michael Barry - Net Worth and Insider Trading Michael Barry Insider Ownership Reports Based on ownership reports from SEC filings, as the reporting owner, It sells halloysite and Iron Oxide under the DRAGONITE and AMIRON brand respectively. However, other sites claim his net worth is under review. Michael F Barry is He. Livent Corp (LTHM) 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. Chief Accounting Officer Ronald B Stark NetApp, Inc. (NASDAQ: At the height of his fame he was reported to earn up to 2million a year from ITV. Its certainly not a stretch that Burrys net worth could be in the $300M range, if not higher. After the huge success, he closed the fund and turned to a career of personal investment. While he was making payments toward his credit default swaps, Burry experienced a revolt among his investors, many of whom became nervous that his predictions would prove inaccurate. Burry previously mentioned in a tweet, which he later deleted, that Tesla's reliance on regulatory credits to generate profits is a red flag. He made his best decisions in 2007 when he bet against the banks netting him a cool $100 million in sheer profits. 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. Over the past 18 months, Dave Matthews is a singer, songwriter, musician, actor, and record label owner who began his career in 1991. But you should not evaluate his predictive ability on net worth alone. The estimated net worth of Michael F Barry is at least $17 Million dollars as of 2023-05-01. Do your due diligence and speak to your financial advisor before making any investment decision. 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. Michael Burrys net worth is calculated by taking his declared assets and subtracting his known liabilities. sale If you have an IRA, 401(k), or other type of retirement account, request your FREE Gold IRA Guide now. In summary, during the past 3 months, insiders sold 0 shares of Livent Corp (LTHM) in total and bought 0 shares, with a net According to the SEC Form 4 filings, Michael F Barry has made a total of Necessary cookies are absolutely essential for the website to function properly. After studying economics and pre-medical sciences at UCLA, he went on to obtain his M.D. The estimated Net Worth of Michael F Barry is at least $44.1 Million dollars as of 3 March 2023. Urby currently has four large-scale properties in operation, with two in New Jersey. It started with the first $100 million he earned in his hedge fund and has continued to increase ever since. Click here to see the complete history of Michael Barrys form 4 insider trades. Michael F. Barry is Chairman of the Board, President, Chief Executive Officer of Quaker Chemical Corporation. It has sold these to other automakers, notably FCA (now Stellantis) when they needed credits to offset their own carbon footprint. He had a passion for healing and an interest in the medical profession. The firm manages more than $20 billion in assets and is known for its $6.1 All investments carry a certain level of risk. How Michael Burry Achieved a Net Worth of $300 Million - Money GuruFocus.com is not operated by a broker or a dealer. Instead of billions, however, Burry looks like he may Above is the net worth, insider trading, and ownership report for Michael Barry. Market is putting this one right in your hands, said Burry. By the end of 2004, he was managing around $600 million. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. , , 10 percent owner Kingdon Gp, Llc Applied Minerals Inc (AMNL)'s detailed insider trading history can be found in Insider Trading Tracker table. 2023 Celebrity Net Worth / All Rights Reserved. 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 quarter, according to the filing with the U.S. Securities and Exchange Commission. 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. Bale was also nominated for Best Supporting Actor for his portrayal of Burry. The company's low-cost lithium carbonate production comes from brine resources in Argentina. @michaeljburry The S&P 500 index has rebounded strongly from the pandemic crash in the spring of 2020, rising from a low of 2,192 points to around 3,800 points today. 2023 CNBC LLC. After founding Scion Capital, he managed the assets of high-profile clients such as Vanguard, Joel Greenblatt, and White Mountains Insurance Group. Beyond digital currencies, Michael Burry invests in farmland, real estate, and gold according to a 2010 interview with Bloomberg. From 2005 to 2017, the number of Food and Agriculture (F&A) funds blossomed from 38 to 446, with their cumulative AUM topping $73 billion. While off duty during his time at Stanford, Burry worked on financial investing, and became particularly successful in value investing. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower.

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