'Big Short' investor Michael Burry discloses new bets on Bristol-Myers Squibb and General Dynamics — and reveals he sold CVS Health and Lockheed Martin - News Summed Up

'Big Short' investor Michael Burry discloses new bets on Bristol-Myers Squibb and General Dynamics — and reveals he sold CVS Health and Lockheed Martin


" The Big Short " investor Michael Burry revamped his stock portfolio last quarter." "The Big Short" investor Michael Burry overhauled his stock portfolio once again in the fourth quarter of 2021, a Securities and Exchange Commission filing revealed on Monday. Scion's largest positions at the end of December were a $19 million stake in Bristol-Myers Squibb, and roughly $17 million positions in Fidelity National Financial and General Dynamics. AdvertisementBurry is best known for his massive bet against the US housing bubble in the mid-2000s, which was chronicled in the book and the movie "The Big Short." AdvertisementRead more: The creator of a Michael Burry subreddit explains why 'The Big Short' investor's selling spree is a huge red flag and lays out why it's a major endorsement for the few stocks he has left


Source: Economic Times February 14, 2022 19:08 UTC



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