4 ms·

I'm legitimately curious what his overall performance is. Are those just cherry picked trades?

• Havoc 11mo ago
  His wins were quite big so I’d imagine he’s doing really well overall
  • bgirard 11mo ago
    Is there anything more concrete than that? Large wins on their own aren't meaningful if they aren't good risk adjusted trades or repeatable. I've made big wins but I don't consider myself a good trader.
    • zipy124 11mo ago
      From may 2020 to may 2023 they did 56% annualised. Performance apart from that is unreported, so likely lower or negative.
      • lotsofpulp 11mo ago
        If this is the source, it does not seem like an objective, audited figure: https://edition.cnn.com/2023/08/15/investing/michael-burry-stock-market-crash/index.html https://edition.cnn.com/2023/08/15/investing/michael-burry-s... >Traders following the investments disclosed by Scion’s over the last 3 years (between May of 2020 and May 2023) would have made annualized returns of 56% according to an analysis by Sure Dividend Seems like Scion Capital could have just disclosed winning trades, that they may or may not have made?
• embedding-shape 11mo ago
  As far as I can tell, he been doing lots of puts and "winning" maybe 1/8 of the ones I've known about, so pretty hit and miss history so far.