The "Big Short" Michael Burry updates his holdings: increases positions in stocks including JD.com and PayPal, stating that JD.com is severely undervalued.
31 minutes ago
The "Big Short" prototype Michael Burry disclosed his latest position adjustments via his Substack account, noting that he has recently further increased holdings in PayPal (PYPL), MercadoLibre (MELI), Sprouts Farmers Market (SFM), Adobe (ADBE), JD.com (JD) and Ero Copper (ERO), while repurchased Lululemon (LULU), showing he is continuing to adjust his stock portfolio. Burry specifically pointed out that JD.com is "the most undervalued stock in his investment universe". The holdings increases cover multiple sectors including e-commerce, fintech, software, retail and copper mining, reflecting his positive attitude towards the valuation and long-term investment value of the related companies.
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