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Insight Tag: investor letter

Michael Burry Pulls the Plug: Scion Asset Management Has Left the Building

Michael Burry has officially deregistered Scion Asset Management. In classic contrarian fashion, the Big Short legend may have just executed the ultimate trade: walking away.

Third Point Q3 2025: Dan Loeb Tries Not to Say “I Told You So”

A humorous take on Dan Loeb’s Q3 2025 letter. Third Point leans into real AI winners, avoids hype, makes money on shorts, and warns the market that seven stocks cannot carry the world forever.

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