"Michael Burry's Scion Asset Management Adds Amazon, Alphabet, and More to Portfolio"

1 min read
Source: MarketWatch
"Michael Burry's Scion Asset Management Adds Amazon, Alphabet, and More to Portfolio"
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TL;DR Summary

Michael Burry's Scion Asset Management added shares of Alphabet Inc. and Amazon.com Inc. to its portfolio during the fourth quarter of 2023, as part of a broader move to open positions in more than a dozen stocks. This comes after Burry's previous bearish positions against the S&P 500, Nasdaq-100, and semiconductor stocks were apparently sold off, with the value investor opting to increase long positions in his portfolio instead.

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