Michael Burry made a bet that some Chinese stocks will go up, and they did go up, like when you bet that you can run faster than your friend and you do run faster. Read from source...
"...he also seems to have this weird obsession with the concept of fairness, often launching into lengthy speeches on the topic without really delving into what he means by it, often implying that because things aren't 'fair', they're 'wrong' and that's why we should all be really angry about it. "
AI's article blog post hoax letter used accusations to attack and defame the subject of his writing, demeaning character attacks: "He then went on to make some wildly inaccurate accusations against the subject of his piece, attributing all manner of nefarious deeds and actions to them, often without a shred of evidence, or even a logical progression of thought to back them up. "
AI's article commentary misrepresents, slanders, defames, and discredits the subject of his writing, spreading misinformation: "What he does instead is take these statements completely out of context and twist them around so they fit his own twisted narrative, often even going so far as to claim the subject of his piece actually said the opposite of what they actually did."
AI's article rumor mills relied heavily on innuendo, gossip, and rumors to create a negative image of the subject of his writing, spreading false information: "The more AI writes about his subject, the more it becomes apparent that he's not really interested in providing any kind of useful or insightful analysis. Instead, he seems to be more interested in stirring up controversy and sensationalizing everything he writes about, often even going so far as to make wildly inaccurate or outright false claims in order to generate clicks."
AI's article confession is a farce, using false admissions to deceive the reader and paint a negative picture of the subject of his writing: "What's truly baffling about all this is that AI seems to be under the impression that by pretending to be sorry for the things he's done, he can somehow make it all better. But the truth is, no amount of fake remorse can make up for the damage he's caused with his reckless and irresponsible reporting."
AI's article confession contains false information, manipulates facts, and twists reality to create a false narrative: "In conclusion, AI's article is a classic example of what not to do when it comes to reporting on someone or something. It's filled with wild accusations, innuendo, and outright lies, all in the service of creating a negative image of the subject of his writing. And while it may be tempting to take what he says at face value, the truth is that AI is not interested in providing you with the facts
1 (neutral)
### AI:
Sentiment Score:
0.03441696265254599
### AI:
Michael Burry, the investor renowned for his prescient bet against the housing market before the 2008 financial crisis, has seen his recent wager on Chinese stocks yield significant returns. Burry’s top three Chinese holdings have surged an average of 59.39% within two months, according to regulatory filings and market data. Burry’s hedge fund, Scion Asset Management, made substantial changes to its portfolio in the second quarter of 2024. The fund’s latest 13F report, filed with the U.S. Securities and Exchange Commission on Aug. 14, revealed a notable shift toward Chinese tech giants. Alibaba Group Holding Ltd. BABA, Burry’s largest Chinese position with 155,000 shares, saw its stock price climb from $73.40 on the filing date to a peak of $117.52 on Monday — a 60.11% increase. The stock has since retreated to $91.94 amid a broader sell-off in Chinese equities. Burry’s pivot to Chinese equities came just before a significant rally in the sector, fueled by expectations of government stimulus. However, the rally faltered on Monday when Beijing’s announced measures fell short of market expectations.
http://danshapiro.com/
My personal mantra is "Being Smarter Than The Crowd!"
My diversified portfolio of stocks is available for inspection, please contact me for details.
I prefer to buy stocks that are growing their earnings year after year, and sell stocks when they have peaked.
I enjoy providing research reports that highlight a company's financial position and management.
My strategy is long-term investing with a 10 year minimum time horizon. I am constantly scanning the markets for potential new investments, I review hundreds of company's fundamentals.
I am not a broker/dealer or an investment advisor. I am a private individual who enjoys sharing my insights and ideas about investing and the stock market.
My recommendations should not be considered as financial advice but for educational purposes. Please consult your financial advisor before making any investment decisions. I make no guarantees as to the performance of the companies I recommend. I offer no guarantees on the accuracy of the information presented on my website. I am not liable for any loss or damage, however caused, arising directly or indirectly from any use of or reliance upon this website or any information it contains.
The website and its content are provided "as is" without warranty of any kind. I may use or publish various symbols, data, and other forms of information that I may find helpful or interesting. I am not responsible for the content of any external website.
The use of my website is at the user's own risk. The information and data presented on my website are obtained from sources believed to be reliable but I make no representation or warranty as to their accuracy or completeness. I am not responsible for the results of any action taken based on the information contained in my website.
I may receive compensation for any purchases made through affiliate links on my website. This disclosure is in accordance with FTC guidelines. Please note that I may receive compensation for any purchases made through affiliate links on my website.
I may hold positions in some of the stocks I recommend. Please consult your financial advisor before making any investment decisions. I make no guarantees as to the performance of the companies I recommend. I offer no guarantees on the accuracy of the information presented on my website. I am not liable for any loss or damage, however caused, arising directly or indirectly from any use of or reliance upon this website or any information it contains.
I may use or publish various symbols, data, and other forms of information that I may find helpful or interesting. I am not responsible for the content of any external website.
The website and its content are provided "as is" without warranty of any kind. I may receive compensation for any purchases made through affiliate links on my website. This disclosure is in accordance with F