Investment Insights: Banking Crisis, Rate Hikes, Gaming Stocks, Global Picks, and Credit Card Warning.
TL;DR Summary
Michael Burry, the investor who famously predicted the 2008 financial crisis and was portrayed in the movie "The Big Short," bought shares in a number of regional banks last quarter amid the ongoing banking crisis. Burry's investment firm, Scion Asset Management, disclosed holdings in several banks, including Bank of Marin Bancorp, First Bancshares and Bank of Yazoo City, among others.
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