San Jose Mercury News- The last time we wrote about Michael Burry, he was a Santa Teresa High School student preparing for the 1988 Academic Decathlon. The nervous kid who was trying to speed-memorize the names of the presidents has since become Dr. Michael Burry, with degrees from UCLA and Vanderbilt School of Medicine and a partly completed residency in neurology at Stanford Hospital.
During that residency, Burry expanded on an interest in investing that he’s had since elementary school. When his father died in 1996, he was in his third year of medical school, and he took on the responsibility of helping to direct his family’s finances. A year later, he began an investment blog that eventually drew national attention as Valuestocks.net.
In 2000, he left his neurology residency and started Scion Capital, a hedge fund now with more than $900 million under management. It’s in Cupertino, far from the buzz of Wall Street.
