"Big Short" Michael Burry Is Long These Stocks/Companies.
From Greg M
Below are some names that Burry and his team at Scion are betting on. Now, I am NOT saying that you should buy these… I am just letting you know.
GM
About 6% of the company’s stock portfolio is long, and in the second quarter of the year he increased his exposure to the travel and healthcare industry – purchasing shares of Expedia Group (EXPE), MGM Resorts (MGM), CVS (CVS) and Cigna (CI).
Burry also purchased $4.7 million shares worth of CNN parent company Warner Bros. Discovery (WBD) and $3.3 million in online second hand retailer, The RealReal (TRR).
Entertainment and travel? Doesn’t really make sense if you’re betting on financial collapse. I’m gonna stick with energy and agriculture
I concur, the 'elite' don't want the 'rif-raf' (us) to travel, they prefer to reserve that for themselves, that's why rates (tickets) are rising, fights canceled, delays, and other inconveniences are on the rise. so I would say NO to those type of companies. as CNN WBD parent co, why would I purchase shares of the PROPAGANDA MACHINE? I will only put my money into NON-WOKE companies. can you spell hypocrite? thanks but NO thanks