Research Lens Research Only
Michael Burry — Deep Value Contrarian
Asset Discount & Asymmetric Mispricing
Screens for balance sheet discrepancies, tangible book value discounts, and structural forced-selling catalysts that consensus ignores.
Research criteria
- 1.Market price trades at large discount to tangible book or net-net asset value
- 2.Primary SEC filing evidence contradicts consensus market narrative
- 3.Identifiable structural catalyst or activist dynamic present
Review criteria
- 1.Discount to intrinsic asset value closes
- 2.Primary filing evidence invalidates original asset-backing thesis
Research, not order execution
Use this lens to study a company or market. It does not place orders or grant a strategy trading authority.
Requires tolerance for extended early-stage drawdown before thesis resolution.
Known Failure Modes & Limitations
- Being early to a contrarian thesis is indistinguishable from being wrong
- Illiquidity in special situations hindering timely portfolio rebalancing
Disclosure
Based on publicly described methodology. Not affiliated with or endorsed by Michael Burry or Scion Asset Management.