With the Scion Asset Management hedge-fund manager rocketing to fame thanks to the film “The Big Short,” seemingly everyone wants to talk about Michael Burry stock picks. Recently, CNBC featured the contrarian and often-enigmatic investor, disclosing Scion’s top 10 holdings as of the first quarter’s end.
True to form, these Michael Burry stocks offer an eclectic canvas, reflecting the brilliant mind of the physician-turned-investor-turned-social-media-influencer. In all seriousness, investors should consider the ideas, irrespective of their feelings toward Burry. Notably, most of the holdings in the top 10 reflect new positions. Like anything, there are some stocks to buy according to Michael Burry and I would argue securities you might want to avoid. Below is a critical breakdown of some of the hedge fund manager’s best ideas.
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