Tag: scion

Michael Burry’s Scion dumps Alphabet and Amazon, buys shares of gold ETF

Michael Burry, founder of Scion Asset Management, sold positions in Alphabet, Amazon and a number of other stocks and put his money to work in an ETF that buys physical gold. – Michael Burry’s Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded […]