From Big Short to Big Long: Michael Burry Bets Big on Three Stocks
Briefly

Michael Burry, a well-known investor, has made a notable shift from bearish investments to bullish ones, as indicated by recent SEC filings. His firm, Scion Asset Management, has sold put options and bought call options in nine different stocks, including direct investments in five companies. This shift particularly highlights his investment in Lululemon Athletica, along with Meta Platforms and UnitedHealth, signaling an optimistic outlook. Despite Lululemon's recent stock decline and market competition, Burry's investment reflects his belief in the company's growth potential and brand value, although risks remain.
Michael Burry has pivoted from bearish to bullish investments, acquiring call options and stakes in companies like Lululemon, Meta Platforms, and UnitedHealth, signaling rare optimism.
Burry's investment in Lululemon, despite its recent stock decline, reflects his belief in its undervaluation and potential for growth, driven by brand loyalty and market expansion.
Read at 24/7 Wall St.
[
|
]