Why Michael Burry Just Sold Half his Stock Holdings
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Legendary investor Michael Burry, known for predicting the 2008 housing crash, has made significant changes to his stock portfolio in Q3 2024, cutting his holdings from $102 million to $53 million. This video explores Burry’s shift away from U.S. stocks, including his reduction in banking, energy, and industrial sectors, and his increased investments in Chinese tech companies like Alibaba and Baidu. Is this a signal of growing caution or a contrarian bet on undervalued opportunities?
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