Michael Burry of The Big Short fame is buying stocks again -- including another prison company

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Michael Burry of The Big Short fame is buying stocks again — including another prison company

In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms.

He still has an equity portfolio... In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms. He still has an equity portfolio — at least of U.S.-listed securities — more than 50% weighted to the prison sector. Alongside GEO Group GEO , Burry’s one holdover from the second quarter, he now owns CoreCivic CXW , which previously was called the Corrections Corp. of America before adopting a less prison-y name.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

His first customer? SBF_FTX

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines