Michael Burry Sold All of His Holdings and Bought This Controversial Stock
Michael Burry has made a name for himself within the investing world and beyond over the years, as his bet on the subprime housing market crash was the basis for the movie The Big Short. Because of the prescience of this investment and the additional attention it garnered thanks to the movie, many investors like to track Burry's portfolio moves.
His trades during the most recent quarter have certainly captured the imagination of investors. According to the latest 13F filing, Burry's Scion Asset Management sold out of all of its previous holdings, including the likes of Booking Holdings, Bristol Myers Squibb, and even his infamous Apple puts, and now holds just one newly initiated position in a single controversial stock: Geo Group (NYSE: GEO).
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Source Fool.com
