'빅쇼트' 후속편? 시장 지수에 대한 Michael Burry의 약세 베팅

Michael Burry, famed for his uncanny market predictions showcased in “The Big Short,” has made another move, one that suggests he may be anticipating a downturn in the market.

'빅쇼트'에서 선보인 기묘한 시장 예측으로 유명한 마이클 버리(Michael Burry)는 또 다른 움직임을 보였습니다. 이는 그가 시장 하락을 예상하고 있음을 암시합니다.

The big bet against S&P 500 and Nasdaq 100

According to the latest securities filings, his firm Scion Asset Management has made bearish bets against two key market indices. The company has acquired put options against the Invesco QQQ Trust ETF with a notional value of $739 million and against the SPDR S&P 500 ETF with a value of $886 million.

최근 증권 서류에 따르면 그의 회사인 Scion Asset Management는 두 가지 주요 시장 지수에 대해 약세 베팅을 했습니다. 이 회사는 명목 가치 7억 3900만 달러의 Invesco QQQ Trust ETF와 8억 8600만 달러 가치의 SPDR S&P 500 ETF에 대한 풋옵션을 인수했습니다.

It remains unclear due to regulatory frameworks how much was paid for these options or their current value, and whether they were held outright or as part of a larger trade.

Deciphering Burry’s strategy

Burry의 전략 해독

Given Burry’s historical feats, namely his well-timed bet against the U.S housing market that predicted the 2008 financial crisis, these recent moves have set the investment community abuzz.

It’s worth noting that the S&P 500 and Nasdaq 100 have shown remarkable resilience this year, gaining about 17% and 39% respectively. Moreover, notable giants like Nvidia and Meta Platforms have been key drivers of this year’s impressive rally.

올해 S&P 500과 나스닥 100이 각각 약 17%와 39% 상승하는 등 놀라운 회복력을 보였다는 점은 주목할 가치가 있습니다. 또한 Nvidia 및 Meta Platforms와 같은 주목할만한 거대 기업이 올해 인상적인 랠리의 핵심 동인이었습니다.

Adding another layer of intrigue, the filings revealed that Burry’s fund also offloaded its investments in Chinese e-commerce behemoths JD.com and Alibaba Group Holdings, along with regional banks like PacWest and Western Alliance Bancorp.

Implications for the cryptocurrency sphere

암호화폐 영역에 대한 시사점

While Burry’s moves primarily revolve around traditional market structures, their potential repercussions for the cryptocurrency space cannot be ignored. Historically, significant downturns in traditional markets have had cascading effects on digital currencies.

Despite the macroeconomic moves, the crypto market has shown resilience. Bitcoin continues to hold below the $29,400 mark, demonstrating the asset’s stability. Other major cryptos like Ethereum, Cardano, Solana and Dogecoin have seen minor fluctuations, further emphasizing the dynamic nature of the crypto market.

거시경제적 움직임에도 불구하고 암호화폐 시장은 탄력성을 보여왔습니다. 비트코인은 계속해서 29,400달러 미만을 유지하며 자산의 안정성을 보여줍니다. Ethereum, Cardano, Solana 및 Dogecoin과 같은 다른 주요 암호화폐는 약간의 변동을 보였으며 암호화폐 시장의 역동적인 특성을 더욱 강조했습니다.

New long positions highlighted

The recent disclosures also showcased the fund’s bullish stance on several firms. Scion Asset Management augmented its stake in the luxury online market, RealReal Inc, by an impressive 100%.

Furthermore, it revealed fresh investments in iHeartMedia, HanesBrands, and Warner Bros. Discovery. Interestingly, while iHeartMedia and HanesBrands witnessed a dip of 16% or more this year, Warner Brothers Discovery surged by approximately 43%.

In a move that perhaps showcases diversification, the firm acquired 10,000 shares of the iShares MSCI Japan ETF, enjoying a 13.5% rise this year.

아마도 다각화를 보여주는 움직임으로 회사는 iShares MSCI Japan ETF의 주식 10,000주를 인수하여 올해 13.5% 상승했습니다.