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. The S&P 500 fell again the next year while Burry once again was up. Others jumped in. 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. As more automakers produce battery-electric vehicles of their own, ostensibly fewer will need to purchase environmental regulatory credits from Tesla, which they have done in order to become compliant with environmental regulations. After launching Scion Capital LLC in 2001, the fund saw a 55% return thanks to wise bets against tech stocks ahead of the internet bubble. 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). These 3 Tech Giants Are Next. Here Are Six Investments Michael Burry Prefers Over Tesla 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. He. he decided to change careers when he was so close to the finish line in medicine. To invest in cryptocurrencies in a tax-advantaged account, check out our list of the, Bitcoin and Gold Both Steady in February, Silver Slouches, and Central Banks Buy the Dip. Over the next six months he reduced his position down to 1.7 million shares. By July 2020, he was publishing videos to YouTube under the pseudonym Roaring Kitty, presenting in kitten-themed tee shirts his detailed analysis on why GameStop could gain big if the market grew more optimistic on its sales as a new PlayStation console was released. He was appointed by the governor to the states Landlord- Tenant policy committee and is a long-standing member of the Urban Land Institute. Michael Barry's largest purchase order was 28,959 units , worth over Investors in this stock have received a 43 percent return in the past year. Last updated: 14 April 2023 at 5:31pm EST. 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. Its certainly not a stretch that Burrys net worth could be in the $300M range, if not higher. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. Michael He has never held a role on a television show, nor has he authored any books. If everyone else is going left, he goes right. . The performance of stocks bought by Michael F Barry within 3 months outperforms 0 times out of 1 transactions in total compared to the return of S&P 500 within the same period. Truthfully, only Dr. Burry himself knows his precise net worth; the rest of us have to rely on rough estimates. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. of 85,171 shares made by Paul W Graves of 6,056 shares made by Dieter Laininger Other key executives at Rogers Corp include 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 oldest executive at Quaker Houghton is JosephMatrange, 75, who is the Vice President and Global Leader Coatings. Michael Burry is a famous hedge fund manager who made a killing in the market when the housing crash of 2008 hit. Sign up for free newsletters and get more CNBC delivered to your inbox. Details can be seen in Michael F Barry's Latest Holdings Summary section. Mr. Barry currently serves as a director of Rogers Corporation. no insider transaction in Livent Corp (LTHM). He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Truthfully, only Dr. Burry himself knows his precise net worth; the rest of us have to rely on rough estimates. sale 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. , Most notably, Burrys firm purchased credit default swaps from Goldman Sachs that were positioned against subprime mortgage deals. Top Companies for Your Offshore Gold Investment, Shorting the dot-com and subprime mortgage markets, portrayed in 2015 film. At GameStops Reddit-fueled high of $483, Burrys maximum holding could have been worth over $1.5 billion. Get our free e-alerts & breaking news notifications! stocks. When the housing market collapsed in late 2007, his move proved to be extremely profitable, generating $825M for himself and his investors. 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. and sale The company owns and operates the Dragon Mine in Utah, from which it extracts, processes and markets halloysite clay and iron oxide which is sold to various markets. For the past decade, Mr. Burry has gone on to become one of the most successful hedge fund managers and investors in the United States. The lions share of Michael Burrys wealth derives from the SEC filings of Scion Asset Management, the investment firm that he owns. Michael Burry is an investor who profited from the subprime mortgage crisis by shorting the 2007 mortgage bond market, making $100 million for himself and $700 On average, Quaker Houghton executives and independent directors trade stock every 19 days with the average trade being worth of $4,115,565. Ryan Cohen,the founder of online pet food seller Chewy Some withdrew their capital out of caution. When he was two years old, he lost his left eye to retinoblastoma, and has had an artificial eye ever since. Burry also reportedly holds put options on nearly $31 million of the firm ARK Investment Management. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. Gurus may be added or dropped from the GuruFocus site at any time. You can see the complete history of Mr. Barry stock trades at the bottom of the page. . Moreover, Scion Capital had returns of 489.34% between 2000 and 2008. the Director of Quaker Houghton and owns about 90,126 shares of Quaker Houghton (KWR) stock worth over $17 Million. Burry actually went to Goldman Sachs and persuaded the financial firm to sell him "credit default swaps" that bet against subprime deals. My Digital Money Review: Your Source for a Bitcoin IRA in 2023? Above is the net worth, insider trading, and ownership report for Michael Barry. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. rather than precisely calculated. Above is the net worth, insider trading, and ownership report for Michael F Barry. Savvy investors would be wise to get in now, before institutional capital piles in in the years to come. , Michael's mailing address filed with the SEC is 8001 TWIN EAGLES LOOP, , REUNION, FL, 34747. , The estimated Net Worth of Michael F Barry is at least $43.1 Million dollars as of 12 April 2023. , But opting out of some of these cookies may have an effect on your browsing experience. 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. Burry was one of the first investors to call and profit from the subprime mortgage crisis. This experience and thinking is exemplified in their current venture, Urby, a modern apartment brand that reimagines the residential experience for people living in and around cities, extending the urban fabric and lifestyle in new and imaginative ways. @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. under management as of Q2 2021. CHWY The most active traders at the company are The most-recent trade in Livent Corp is the After completing his courses there he transferred to Vanderbilt University School of Medicine, earning his M.D. Find out in our feature on sustainable New[], Fellowship Life CEO Brian Lawrence discusses what makes the company's communities different from other se[], Video Replay: NJBIZ Leaders In Digital Technology 2023, Congratulations to the 2023 NJBIZ Leaders in Law honorees (updated), Introducing NJBIZ Connect Your Guide to New Jersey Businesses, NJBIZ unveils 2023 Leaders in Finance Lifetime Achievement Honoree, Introducing the 2023 NJBIZ Leaders in Finance honorees (updated). Only the transactions in Open Market or Private Sale at the market prices are included. Subscribe for access to the latest digital and special editions. Chief Accounting Officer Nicholas Pfeiffer 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. He also revisits Burry's iconic bet against the housing bubble, and his GameStop, Tesla, and Ark wagers. As of March 31, Burry owned 8,001 put contracts, with unknown value, strike price, or expiry, according to the filing. , It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. He obtained the startup money to fund the operation from his mother and father. Enjoy a 7-Day Free Trial Thru May 08, 2023! The surge cost Wall Street investors almost $20 billion in mark-to-market losses, according to data from S3 Partners, at the worst of the squeeze. The geographic segments of the company includes America, EMEA, Asia/Pacific and Global Specialty Businesses. VP & Gen Counsel & Secretary Jessica Ann Morton . 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. Burry was eventually correct and his fund ultimately earned $700 million for his investors. But you should not evaluate his predictive ability on net worth alone. 10 Of The Best Bets On The Stock Market That Have Earned The Bet Maker Millions, If Not Billions. Instead of billions, however, Burry looks like he may Investor and physician Dr Michael Burry built his fortune by beating the market when the market was beating everyone else. 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. Michael F Barry is the director of Livent Corp. of 16,000. sale WebMichael F Barry Net Worth 2022 and insider trades. Shares of Tesla fell more than 4% on Monday, bringing its month-to-date losses to nearly 20%. 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. On average, Michael trades about 4,795 units every 43 days since 2003. Michael Burry's net worth By David Boyd | Updated Sept. 28, 2022 The estimated net worth of Michael Burry is $300 million. Michael F Barry is Market is putting this one right in your hands, said Burry. of 0 shares. The complacency was exploited by the Reddit army, to devastating effect. The estimated Net Worth of Michael F Barry is at least $44.1 Million dollars as of 3 March 2023. Burry's Scion Asset Management 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. Livent is a pure-play lithium producer that was formed when FMC spun off its lithium business in October 2018. 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. director & President and CEO Paul W Graves Almost immediately, he was earning enormous profits for his investors. Investor Dr Michael Burry has a personal net worth of about $300 million. Does Michael Burry Invest in Alternative Assets? Home Blog Reviews Retirement About Contact Disclaimer, His reputation for generous impressive returns during market downturns made Michael Burry famous for short selling. Applied Minerals Inc is an exploration-stage company engaged in the production of halloysite clay and natural iron oxide solutions based in the United States. Burry didnt plan to become an investor, let alone a hedge fund manager. Read more:A Michael Burry expert breaks down what makes the 'Big Short' investor special. Filings show he sold his remaining 1.7 million share holding of GameStop in the fourth quarter. Michael F Barry GameStop entered 2021 as one of the most shorted stocks in the world, though positive changes were afoot inside the company as online sales surged and customers lined up outside its stores to buy new PlayStation consoles. of 5,000,000 shares made by Geoffrey Gates Scott Credible publications, such as Yahoo Finance, have previously reported Michael Burrys net worth as $300M. Insider trading is most common in May, with the busiest year in 2021. 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 Among these stocks, The toddler lost his natural eye to the disease and was fitted with an artificial replacement eye. of 3,635 shares made by Gilberto Antoniazzi Over the last 22 years, insiders at Quaker Houghton have traded over $53,659,627 worth of Quaker Houghton stock and bought 4,177,917 units worth $476,940,519 By his own admission, Michael Burrys success as an investor is largely thanks to his knowledge of the margin of safetythat is, the difference between the intrinsic value of an asset and its market price. The current estimated net worth of Livent Corp's Director, Michael Barry, is estimated to be about $56.19M . Oh, yeah, he also happens to be a licensed medical doctor. Best Debt Consolidation Loans for Bad Credit, Personal Loans for 580 Credit Score or Lower, Personal Loans for 670 Credit Score or Lower. Other recent insider transactions involving Rogers Corp (ROG) include Michael J. Burry was born June 19, 1971, in San Jose, California. Net Worth $200 Million Ethnicity White Height N/A Education Vanderbilt University The one who doesn't fall is not the winner, but a winner is a person, who Past performance is a poor indicator of future performance. 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. It is within the trading industry that he has earned his fortune. The Redditors bought stock and options, trying to squeeze professional hedge fund investors who were short and it worked. All Rights Reserved. from the Vanderbilt University School of Medicine, and began but did not complete a residency in neurology at Stanford University Medical Center. Other key executives at Livent Corp include NetApp, Inc. (NASDAQ: He began placing bets in 2005. no insider transaction in Rogers Corp (ROG). 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. In a bull market, Burrys net worth is likely significantly higher than it is during a sustained downturn. , Michael F Barry around $442,000. 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 Burrys fame spread so rapidly that there was a short non-fiction book written about his life that was followed up with the film about his life, both titled The Big Short, which tells his incredible story that happens to be true. 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. and SVP & CHRO Melissa Leneis Tied with Smith is Michael Kim, cofounder of Seoul-based private equity firm MBK Partners. Hes been in the game since he walked away from his medical residency to become a medical doctor and steered his career in a different direction. Its certainly not a stretch that Burrys net worth could be in the $300M range, if not higher. She is a talented, internationally renowned, and award-winning actress who has received great acclaim for her, Read More How Jennifer Garner Achieved a Net Worth of $80 MillionContinue, a Melissa Rauch is an American actress who is best known for her appearances on The Big Bang Theory. She played the brainy but slightly geeky Bernadette on the show. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. 2023 BridgeTower Media. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Paul Graves, President and CEO, He achieved this pinnacle of success after he moved to the Subprime market. How Is Michael Burrys Net Worth Calculated? After the huge success, he closed the fund and turned to a career of personal investment. For Burry, the squeeze could have made him over $1 billion at certain points of January. The current estimated net worth of Livent Corp's Director, Michael Barry, is estimated to be about $56.19M . Tesla historically has racked up around $1.6 billion in regulatory energy credits, primarily zero emission vehicle credits, which helped the company report more than four consecutive quarters of profitability, qualifying the automaker for addition to the S&P 500 index. 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. 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. Learn how your comment data is processed. Submit a correction suggestion and help us fix it! SVP & Chief GSCO Jeffrey L Fleck The largest trade he's ever made was exercising 58,709 units of Quaker Houghton stock on 29 June 2012 worth over $836,016. 10 percent owner Kingdon Capital Management, L.l.c. Many believe that CEO Musk's tweets about bitcoin and dogecoin have also contributed to the volatility in Tesla's stock. We welcome all corrections and feedback using the button below. of 985 shares. He likely paid an average of $4 a share when he acquired his stake in 2020. So famous, in fact, that Burry served as the inspiration for the 2015 film. sale sale purchase 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. also , All investments carry a certain level of risk. But as it was occurring, Burry was warning about the trading. 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. Michael Barry net worth, bio and Livent Corp insider trades. 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. Michael Burry, The Hedge Fund Genius Who Started GameStops He is chairman of the Liberty Science Center and a founding board member of Beat the Streets Wrestling. Burry reopened his hedge fund as Scion Asset Management in 2013, filing reports as an exempt reporting adviser. At the height of his fame he was reported to earn up to 2million a year from ITV. Other recent insider transactions involving Applied Minerals Inc (AMNL) include The company's low-cost lithium carbonate production comes from brine resources in Argentina. By the early 2000s, Burry was able to leave his residency position to become a hedge fund manager full-time. WebRich List 2022 is our definitive guide to the wealth of the UKs richest people. Michael Burry He then liquidated his company to focus on personal investments. Read profiles and interviews, and see all the facts and figures for 2022 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. 8 transactions in Quaker Houghton (KWR) over the past 5 years, including 0 buys and 8 sells. the Director of Livent Corp and owns about 28,959 shares of Livent Corp (LTHM) stock worth over $632,754. Within 12 months the fund gained just under 12 percent. By the early 2000s, Burry was able to leave his residency position to become a hedge fund manager full-time. "The Big Short" investor placed bets on Qurate Retail, Charter Michael Burrys net worth is calculated by taking his declared assets and subtracting his known liabilities. purchase , Webliquid net worth in the fund, and as a group is among Samlyns top five investors. Michael F Barry made A Michael Burry expert breaks down what makes the 'Big Short' investor special. Given that Scion Asset Management, his highly exclusive hedge fund, had. 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. Since not all of his assets, debts, and liabilities are public knowledge, his net worth must be. It was a highly unusual move for such a relatively small fund manager. Fundamental company data provided by Morningstar, updated daily. Image Source. First Republic Investment Management. Gilberto Antoniazzi who sold 3,635 units worth Over the past 18 months, AMZN And it is delayed in commercial production of its custom-designed "4680" battery cells for use in forthcoming vehicles, including the Cybertruck and Tesla Semi. Do your due diligence. Other key executives at Quaker Houghton include To invest in cryptocurrencies in a tax-advantaged account, check out our list of the best Bitcoin IRA companies today. Traditional investing strategies are failing The classic 60/40 portfolio split between stocks and bonds is underperforming as the Fed holds rates near zero for the foreseeable future. In the last 4 years, insiders at Livent Corp have sold an estimated value of $6.8M Michael Given Dr Michael Burrys incredible credentials, many people wonder: what is Michael Burrys net worth? As stated above, Michael Burry is a talented stock picker who routinely bets against the momentum in the market. Did Mr. Burry make that much in his former career or did he earn his massive fortune some other way than being a hedge fund manager? AAPL a net In the fourth quarter, GameStop traded between $10 a share and $20, over five times Burrys cost at their highs. Beginning in the early 2000s, Burry saw a string of successes as the manager of Scion Capital, a now-defunct hedge fund. His early years were difficult as he was diagnosed with cancer at the age of two. Had Burry held onto his maximum holding of 3.4 million shares, theyd have been worth over $1.5 billion at GameStops Reddit-inspired 2,000%-plus surge in 2021. Michael Barry is 61, he's been the Chairman of the Board, President, and Chief Executive Officer of Quaker Houghton since 2009.