'Big Short' Burry eyes small caps amid passive 'bubble' - reports

Small-cap stocks left neglected

Mike Sheen
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Burry was made famous for his short positions prior to the Global Fianncial Crisis
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Burry was made famous for his short positions prior to the Global Fianncial Crisis

Michael Burry, the hedge fund investor immortalised by Michael Lewis' The Big Short, is increasing his firm’s exposure to US small caps amid a warning of a "bubble" in ETFs and passive products.

Burry, who famously shorted mortgage securities in the run up to the Global Financial Crisis, told Bloomberg that the cash pouring into index-tracking products skews toward large-cap companies meaning...

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