JOHNNY DOETHE LIFE WHISPERER

Scion Asset Management is closing

JohnnyDoe

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JohnnyDoeSchrödinger‘s guyAuthor
Joined
Jan 2020
Messages
10,049

#1

Michael Burry, one of the investors who profited most from the subprime mortgage crisis, is shutting down his hedge fund. He’s a very smart guy, but that’s not enough to constantly beat the market. Here is the letter he sent to his clients:

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ParatoreActive Recruit
Joined
Nov 2025
Messages
221

#2

People often hit big and fixate on trying to replicate that instead of the boring day to day grind of 10% here and there.

Marty McFlyActive Recruit
Joined
Jun 2025
Messages
413

#3

One lucky bet doesn’t make you a great investor.

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