Investor Michael Burry said in a tweet late Monday that he expects the crisis surrounding the collapse of California’s Silicon Valley Bank, a day after SVB compared the 2008 financial crisis and the collapse of the 2001 dot-com bubble. Will be resolved “very quickly”.
“I don’t see a real threat here,” Barry said in a tweet that has since been deleted. The manager of Scion Asset Management, who rose to fame in 2008 after his bet against U.S. mortgage bonds was featured in the book and movie “The Big Short,” is known for …