Michael Burry Bets Against Cathie Wood's ARK Invest

Michael Burry of 'The Big Short' has just released Scion Asset Management's SEC Form 13F for Q2 of 2021, revealing a $31M put option position against ARK Invest's main fund; the ARK Innovation ETF (ARKK). Burry is already well known for shorting Elon Musk's company Tesla, but now he's taken it one step further, targeting Cathie Wood's high flying fund. Thanks to HyperCharts for sponsoring this video! Use this referral link to check out the site and to also receive 10% off your first year of HyperCharts Premium: https://hypercharts.co/premium?r=newm... ★ ★ PROFITFUL ★ ★ Learn to Invest with Brandon van der Kolk (BUNDLE OFFER) ► http://bit.ly/learntoinvestbundle Learn to Master Your Tax Return (SPECIAL OFFER) ► https://bit.ly/3127TdE Join the FREE Profitful Investing Community ► http://bit.ly/3bfppQb Business enquiries: [email protected] #michaelburry #cathiewood DISCLAIMER: Neither New Money or Brandon van der Kolk are financial advisers. The information provided in this video is for general information only and should not be taken as professional advice. There are risks involved with stock market investing and consumers should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. Consumers should always research companies individually and define a strategy before making decisions. Brandon van der Kolk and New Money are not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.