Summary of Events
Long story short, because this is a long movie; the American economy collapsed, 5 trillion dollars was lost, eight million people lost their jobs, six million lost their homes, Jared Vennett made $47 million in commissions, Mark Baum’s team made $1 billion, and Michael Burry made $100 million for himself and $700 million for his investors. Bear Stearns was a New York City-based global investment bank and financial company that was founded in 1923. It collapsed during the 2008 financial crisis. The company was ultimately sold to JPMorgan Chase for $10 a share, well below its value before the crisis.
Michael Burry’s Actions
Why does Michael Burry delete his tweets? The Big Short’s Michael Burry has deleted his Twitter account after Elon Musk called him ‘a broken clock’ over Tesla criticism. Does Michael Burry still own GameStop? Try refreshing the page. 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.
Ben Hockett’s Career
In 2005, Ben Hockett joined as head trader, bringing extensive knowledge of capital markets, derivatives, and fixed income trading. Charlie Ledley left Cornwall in 2009 to join a large Boston-based hedge fund. Ben Hockett has remained at the firm as the head trader and chief risk officer.
Contact Information for Michael Burry
Is there a way to contact Michael Burry by phone? (408) 363-1313 (Pacific Bell), (408) 363-1380 are the phone numbers for Michael.