New Delhi, Nov. 13 -- Known around the world from the popular Hollywood movie 'The Big Short', legendary Wall Street investor Michael Burry again made headlines this week following reports that he is shutting his hedge fund Scion Asset Management.

According to data on the Securities and Exchange Commission (SEC) website, US-based Scion Asset Management, founded by Michael Burry, has terminated its registration status on November 10, 2025.

Known on Wall Street for his wild predictions, Michael Burry is most popular as the hedge fund portfolio manager who bet against the United States housing market in 2008, using a financial instrument known as the credit default swaps (CDS).

Notably, his prediction as made as early as 2007, when he ide...