Scion Asset Management Investments
In order to invest with Scion Asset Management as an individual, one needs to have enough to buy into a fund. The fund with the lowest minimum is the Value Fund, which generally requires an investment of at least $500,000.
Michael Burry’s Portfolio Insights
The most significant equity investment in Michael Burry’s Scion Asset Management portfolio at the end of June was Discovery Communications (NASDAQ:DISCK). Burry is recognized as being one of the most successful value investors of the past few decades, thanks to his laser focus on finding undervalued securities.
Investment Strategies During Economic Downturns
Best Assets To Own During A Depression
- Gold And Cash
- Real Estate
- Domestic Bonds, Treasury Bills, & Notes
- Foreign Bonds
- In The Bank
- In Bank Safe Deposit Boxes
- In The Stock Market
- In A Private Vault
Recovery from Economic Depressions
The Great Depression was a worldwide economic depression that lasted 10 years. GDP during the Great Depression fell by half, limiting economic movement. A combination of the New Deal and World War II lifted the U.S. out of the Depression.