Michael Burry Adds to China Big Tech Wager Amid Stock Rout
Michael Burry added to wagers on Chinese tech in recent months, as Alibaba became Scion Asset Management’s top holding, according to the firm’s most recent 13F filing. Charlie Wells reports on Bloomberg Television.
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Пікірлер: 31
Still waiting for the crash Burry had predicted on Twitter last time 😐
@titusp9488
5 ай бұрын
my guess is that you have no idea how valuation works What is the earnings growth for US stocks for 2023? and you are looking at a 23x PE ... what does that mean?
A big win last time never promises a win this time. Trying to understand the reason behind is more important. By the way, his bet in recent years prove to be not that good.
@Stockdoc254
5 ай бұрын
For the last 3 years, he’s averaged around 30% annually. I’d say that’s better than “not that good”
@Wongseifu548
5 ай бұрын
@Stockdoc254 He originally said tesla would not survive long. 10 years later tesla achieves their ethics and burry was wrong
@qijingfan5656
5 ай бұрын
you should add None infront of your user name
@criticalthinking7055
5 ай бұрын
tell a point instead of just brainless attacking@@qijingfan5656
@stevie1748
5 ай бұрын
@@Wongseifu548 In 2019 Musk said Tesla was close to Bankruptcy. What year did Burry say Tesla would not survive ? 🤔
You mean the same Burry who bet big on SOXX to go down last quarter and then NVIDIA and AMD said, "Hold my beer."
“I know what you didi last quarter” 😂😂😂
I'm with Burry. BABA will hit 110 by mid March.
@Gustavo-yh7ic
4 ай бұрын
to the moon with them stimmy checks
@emc59789
4 ай бұрын
This aged like milk
burry is brilliant long china short us
@MahanFan1
5 ай бұрын
😂 how did his puts work out last year? He got wrecked. He had one good call in his life.
10 years ago, Alibaba was a good company, now, it's just not. Come to China and actually use their apps, you'll understand why.
@ssuwandi3240
5 ай бұрын
Of course. Alphabet is also contracting when BABA is. The ecosystem is much more deeply intertwined than the Elites would wish.... Only a few are able to get the dynamics because a Rivalry quite often isn't about being enemies.. if you're keen on competitive sports, the Chinese are always welcome at world tournaments
@lewysprince217
5 ай бұрын
Please explain a lot of people use Alipay daily although I prefer we chat there is no such thing like Alipay or WeChat in the western world. Ai and cloud plays will be big for the company.
@titusp9488
5 ай бұрын
what is wrong with BABA's app?
@paulwei6596
5 ай бұрын
@@titusp9488 Alibaba has serious "big company disease"
@johnnyq4260
4 ай бұрын
Why? Do you even know?
AMC baby
Told you he lost his touch.
Q: When is the best time to invest in China? A: Never 😂
$BABA will end this one time lucky legend media interest.
Burry. You’ve lost your touch.
india needs a 1. one party state 2 keitsruest ssytem 3. strategic reallocatoin of resources and 4. the asian devlopment model.
I got bored of this Burry as if he knows the future. Last year he made numerous warnings against epic crash that never happened. His previous prediction was a stroke of luck.
he won once but it dont mean he can win again