「The Big Short」 protégé Michael Burry's fund takes 80% position to short Nvidia and Palantir

BlockBeats News, November 4th, according to ZeroHedge, "The Big Short" prototype Michael Burry's hedge fund Scion Asset Management has released its 13F filing, showing that Michael Burry not only believes the market is in a bubble but is also taking action to address it.

The 13F filing reveals that 80% of the fund's portfolio is in put options for NVIDIA and Palantir, with the nominal amount of Palantir put options reaching as high as $912 million (equivalent to 5 million shares), while the nominal amount of NVIDIA put options is $186 million.