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Why did Michael Burry deregister Scion Hedge Fund? Key reasons he cited

Michael Burry closes hedge fund: Michael Burry, famous for ‘The Big Short’, has deregistered his hedge fund, Scion Asset Management. This means he will no longer manage money for outside investors. Burry managed about 155 million dollars. He previously warned about market bubbles, comparing the AI stock boom to the dot-com bubble.

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