ClaimsPeople

Michael Burry

Michael Burry is a widely known investor who founded Scion Capital/Scion Asset Management and writes a paid Substack newsletter, reported by Yahoo Finance to have passed 300,000 subscribers.

593 claims collected, 191 researched, 73 resolved. Report of 5 November 2026, method 0.1.0+c876030c.

Scores by kind of claim

Each kind of claim is scored on its own, out of 100: the share that held up, with the range it likely falls in. Fewer resolved claims give a wider range.

  • Factual claims

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

    74 67 80

    High confidence, 66 factual claims resolved. From 9 documents, 2001 to 2026; 14 documents sampled from 30 candidates found.

    Not scored: 46 unresolvable, 40 checkable only against their own records.

    See the factual claims

  • Predictions

    Statements about events outside the person's control, checked once they fell due: did they come true?

    62 43 81

    Low confidence, 6 predictions resolved. From 2 documents, 2006 to 2011; 14 documents sampled from 30 candidates found.

    Not scored: 20 unresolvable, 3 checkable only against their own records. 1 more fall due later.

    Does not yet allow for how likely each prediction was when made.

    See the predictions

  • Promises

    Commitments to the person's or organisation's own future action, with something to deliver: was it delivered?

    Insufficient record: 1 promise resolved, 5 needed for a score.

    Not scored: 4 unresolvable, 2 not yet due, 2 checkable only against their own records.

    See the promises

All types combined: 73 (likely 66 to 79, high confidence), from 72 claims: 66 factual claims, 6 predictions. It mixes kinds of claim in different proportions for different people, so compare people kind by kind.

Michael Burry's claims

1 claim

1 claim, sorted by newest said. Choose a claim to read it in full.
VerdictKindSaidClaimTopic
Delivered on time Promise 2001 The Scion Value Fund's minimum initial investment for future investors will be raised to $250,000 as of the July 1, 2001 investment date. Promise · 2001 Their own work or organisation
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Michael Burry

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Promise Their own work or organisation

“Also, the minimum initial investment in the Fund for future investors will be raised to $250,000 as of the July 1, 2001 investment date.”

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

The Scion Value Fund's minimum initial investment for future investors will be raised to $250,000 as of the July 1, 2001 investment date.

Delivered on time The record shows it happened or was so.

The second judge would not resolve this claim; the verdict shown is the first judge's.

The evidence is the person's or their organisation's own records.

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

What would count as true or false

True: the Scion Value Fund's minimum initial investment for new investors was $250,000 from the July 1, 2001 investment date (or an earlier date). Mostly true: the minimum was raised to $250,000 effective July 1, 2001, but a minor detail differs, for example exceptions allowed at the general partner's discretion. Mostly false: the minimum was raised to $250,000 only after July 1, 2001, or was raised by July 1, 2001 but to a lower amount. False: the fund's documents or letters show the minimum was not raised to $250,000, or the change was withdrawn. The announcement alone does not count as delivery.

Evidence

  1. Scion Capital Letters.pdf Scribd (hosted copy of Scion Value Fund investor letters) · 3 July 2001 Own record
    “The minimum initial investment for new members is now $250,000.”
  2. Scion Capital Letters.pdf Scribd (hosted copy of Scion Value Fund investor letters) Own record
    “Attomeys have updated the offering memorandum and operating ageeement of the Fund in order to adjust the minimum investment from $100,000 ro $250,000.”

Reasoning

A Scion Value Fund investor letter dated 2001-07-03 states that the minimum initial investment for new members "is now $250,000" (E1). Another letter in the same collection says attorneys updated the fund's offering memorandum and operating agreement to raise the minimum investment from $100,000 to $250,000 (E2). Both are the fund's own records sent to investors, not independent sources. Together they show the $250,000 minimum applied to new members by early July 2001 [E1] and that the fund's offering memorandum and operating agreement were updated to reflect it [E2].

Cite this claim

Michael Burry, “The Scion Value Fund's minimum initial investment for future investors will be raised to $250,000 as of the July 1, 2001 investment date.” (said 2001). Verdict: delivered on time. Reliability API, claim c_56601b679e7e, method 0.1.0+c876030c. https://epistacklabs.com/claims/c_56601b679e7e

Claims without a verdict

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