Michael Burry
Michael Burry.
  • Michael Burry bet against two ETFs that track the S&P 500 and Nasdaq-100 last quarter.
  • The "Big Short" investor held bearish put options on the SPDR S&P 500 and Invesco QQQ in June.
  • Burry has sounded the alarm on the stock market and flagged the risks of index funds.

Michael Burry disclosed sizable bets against the S&P 500 and Nasdaq-100 in his latest portfolio update. The wagers won't surprise his close followers.