"Michael Burry's Latest Bets: Warner Bros. Discovery and Restaurant Firms"

1 min read
Source: New York Post
"Michael Burry's Latest Bets: Warner Bros. Discovery and Restaurant Firms"
Photo: New York Post
TL;DR Summary

Hedge fund manager Michael Burry, famous for predicting the 2008 US housing market crash, acquired shares of Warner Bros. Discovery and invested in restaurant software company Toast Inc., discount retail chain Big Lots, and Gen Restaurant Group in the fourth quarter of 2023. He closed out put option positions on semiconductor stocks, Bookings Holdings, and automaker Stellantis. Burry's largest holdings are Alibaba Group Holdings and JD.com, both of which have declined amid concerns over the Chinese economy's growth.

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