ClaimsMichael Burry

“A room of about 200 wealthy potential clients heard me state unequivocally that risk is not defined by volatility, but rather by ill-conceived investment.”

Michael Burry, Scion Capital fund manager 2001 Scion Funds annual letters compilation (investorkurs.no)

Factual Their own work or organisation

Burry told a room of about 200 wealthy potential clients that risk is defined by ill-conceived investment, not by volatility.

Unresolvable The public record could not settle it.

Factual: Statements about the present or the past, checked against the record: did they hold up?

Said for an organisation they lead or work for; it counts on both records.

Reasoning

What he said in a private room of potential clients has no public record likely to exist.

Cite this claim

Michael Burry, “Burry told a room of about 200 wealthy potential clients that risk is defined by ill-conceived investment, not by volatility.” (said 2001). Verdict: unresolvable. Reliability API, claim c_a22925804f55, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_a22925804f55

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Michael Burry, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More factual claims by Michael Burry

  1. Mostly true Factual 27 October 2026
    “I have never said that LLMs would stop improving”

    Michael Burry has never said that LLMs would stop improving.

  2. Resolved true Factual 13 October 2026
    “Why I swapped common stock for the junior preferred shares of Fannie Mae”

    Michael Burry swapped common stock for junior preferred shares of Fannie Mae and Freddie Mac.

  3. Resolved true Factual 9 July 2026
    “I never said the A100s would stop functioning.”

    Michael Burry never said that A100 chips would stop functioning.

  4. Mixed Factual December 2025
    “I have generally stayed away from biomed and medtech.”

    Michael Burry has generally stayed away from investing in biomed and medtech.

  5. Mostly true Factual 19 November 2025
    “I am still running my money and active in markets.”

    Michael Burry is still managing his own money and is active in markets.

All of them

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