Michael Burry's 2026 Portfolio Doesn't Exist: Steal His 3-Step Method Instead
episode
Making Billions: The Private Equity Podcast for Fund Managers, Alternative Asset Managers, and Venture Capital Investors
28 min
1 speaker
8 chapters
transcribed 1 month ago
Transcript
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Transcript generated automatically by AI and may contain errors.
Why does the alleged Michael Burry 2026 recession portfolio likely not exist?
Every video you've seen titled Inside Michael Burry's twenty twenty six Recession Portfolio is describing a portfolio that, let's be honest, probably doesn't exist. Let me explain. See here's the fact Michael Bury deregistered sign on asset management with the SEC on november tenth, twenty twenty five. His last thirteen F was filed november third. There is no Q four filing. There is no twenty twenty six filing. There will never be another one. Nobody can see his book. Nobody can. And when you look at what he's actually posting in public every week under his own name, the man is not sitting in a bunker. He is buying. So today we're going to do something better than copy a portfolio that you can't see. We're gonna steal his method.
And I'm gonna show you exactly how to run it in private markets where you actually operate. Before we dive in, just a word from our sponsor. When doing deals, we all know that raising capital is the one thing that unlocks everything. That's why I've partnered with ReefPass Investors that are actively funding deals right now. So if you're a deal syndicator or a founder thinking about launching an MA-focused buy and build platform, reach out to ReefPass Investors at ReefPassinvestors.com. They are one of the best investors in the game that are helping you launch a new long-term holding company. So here's what I want you to do. Click the description in the notes and contact them for a discovery call and potentially get an invite to pitch your next MA deal.
Now let's get back to the show. Before we dive in, just a quick disclaimer nothing in this episode is legal, financial, tax, or investment advice. This is just for entertainment purposes only, and you should always check with accredited professionals before making any decision from this show or otherwise.
Now.
That's that. Let's dive in. So let me lay out the receipts because this matters and almost nobody has done it. Fact number one. On November 10th, 2025, Scion Asset Management's registration as an investment advisor was terminated. Burry left the hedge fund business. He's not managing outside money anymore. In his words, he's still running his own money and still active in markets, but the fund is done. Fact number two. The last thirteen F Sion ever filed was on November third, twenty twenty five, covering the third quarter. There is no Q4 2025 filing. The deadline came and went in February and nothing appeared because the obligation went away with the fund. Now, sit with that and what that means. The 13F is the only window the public ever had into his portfolio.
It's gone permanently. So when a creator makes a video called Inside Michael Burry's 2026 Recession Portfolio, they're doing one of two things. Either they're recycling a stale filing from Q3 of last year, calling it 2026, or they're just making it up. Fact number three. And this is the one that should embarrass the entire financial intermyth. Sorry, not sorry. Remember the headlines? Bury bets one point one billion dollars against AI, nine hundred and twelve million dollars against Palantir, 187 million against NVIDIA. It was everywhere. Those numbers came off of that old 13F. And here's what the thirteen F actually requires you to report for an options position. The notional value of the underlying shares, not the money you spent, not the capital you put at risk.
The notional. So Burry came out and clarified it publicly. The premium he actually paid on the Palantir position was about nine point two million dollars. Nine point two million, not nine hundred and twelve million. That's roughly 1% of that number that ran in every headline on earth. Can you see how this is bizarre?
What regulatory filings reveal about Burry’s Scion deregistration and the missing 2026 13‑F?
The financial media was off by a factor of about a hundred. And an entire generation of retail investors formed a view of the market based on a number that was wrong by two orders of magnitude. And Burry addressed this himself in writing on his own platform. He wrote that news media has an I'm quoting him, wildly misrepresented many of my mandatory SEC filings, and that it caused havoc in markets and angry debates that he never intended.
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Chapters
8 chapters
1
Why does the alleged Michael Burry 2026 recession portfolio likely not exist?
0:00–3:33
2
What regulatory filings reveal about Burry’s Scion deregistration and the missing 2026 13‑F?
3:33–7:39
3
How did Burry actually generate returns without forecasting a recession?
7:39–11:06
4
What is the three‑step method Burry uses to read contracts, find reset dates, and buy asymmetry?
11:06–14:18
5
How can private‑market investors translate Burry’s method into a calendar‑driven strategy?
14:18–18:16
6
Why is fund‑level capital durability more important than being right on the macro thesis?
18:16–22:02
7
What practical framework does the host provide for building a “forced‑seller” calendar and sizing the downside?
22:02–25:01
8
How should GPs structure their vehicles and LP conversations to survive until the dated distress events?
25:01–28:12
Speakers
1 identifiedMore from Making Billions: The Private Equity Podcast for Fund Managers, Alternative Asset Managers, and Venture Capital Investors
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