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

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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.

 

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His first customer? SBF_FTX

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Michael Burry of ‘The Big Short’ bets on a home shopping network stock and a rocket engine makerMichael Burry, known for calling the subprime mortgage crisis, jumped back into the market to pick up a few stocks in the third quarter. Paywall Burry bought $qrtea, $cxw, $ajrd, $lords and $lilak. Added to $geo $QRTEA
Source: CNBC - 🏆 12. / 72 Read more »