Michael Burry of ‘The Big Short’ deletes his Twitter account—again
Michael Burry, the celebrity investor who rose to fame by being one of the first to profit from the subprime mortgage crisis, has deleted his Twitter account shortly after making a public inquiry about shorting crypto days before Bitcoin hit $60,000.
Burry has been on something of a Twitter tear lately, earlier this week denouncing what he called U.S. class warfare and disputing the argument that the wealthiest 1% don’t pay enough taxes.
As of Friday morning, Twitter says Burry’s account no longer exists. Of course, that’s hardly the first time Burry has erased his social media presence.
In June, for example, Burry deleted his profile after warning about a massive bubble and looming market crash that he said would be the worst in history. He had been on Twitter just a week before that action, after deleting his account in April. (Burry had spent the weeks prior to that also warning about the financial markets being set up for a fall.)
Burry most recently came back in late September, expressing concerns about the rise of passive investing.
Burry’s tweets have gotten him in hot water not only with investors on social media but possibly with the Securities and Exchange Commission as well. “Tweeting and getting in the news lately apparently has caused the SEC to pay us a visit,” the head of Scion Asset Management said in a March tweet, which has (of course) since been deleted.
While his presence on Twitter is akin to a game of whack-a-mole, Burry’s comments are closely watched by the financial community when he does surface, though he does not talk much (if at all) about his own investments.
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