A Bet on Freedom: Michael Burry Takes Major Stake in Fannie Mae

The spotlight is firmly on shares of mortgage finance giant Fannie Mae, fueled by renewed speculation that the U.S. government could begin relinquishing its control. Reports intensified on Friday, December 5, indicating policymakers are actively examining a potential share issuance. This development has reignited the long-running debate over ending the conservatorship imposed during the financial crisis, sending the stock price higher.

Adding significant fuel to the fire is the revelation that star investor Michael Burry, famed for his prescient bet against the U.S. housing market before the 2008 crash, has established a substantial long position. His move lends considerable weight to the privatization narrative currently captivating the market.