The 'Big Short's' Michael Burry Has Seen His Largest Position Fall Over 50% This Year. Should Investors Sell the Stock?
Yahoo Finance ·
Investing is hard, even for some of the best in the business. Dr. Michael Burry made a name for himself successfully betting against the housing market before it collapsed during the Great Recession. This series of events was portrayed in the well-known movie, "The Big Short," in which actor Christian Bale portrayed Burry. Since then, Burry has run his own hedge fund and now runs a very popular Substack publication, where he shares his thoughts on the market and how he is investing his personal wealth. This year, Burry's largest position, Lululemon ( LULU -16.88% ) , has been crushed, down over 52%. The company recently reported abysmal earnings, sending its stock down nearly 18%, as of 12:36 p.m. ET on Sept. 4.
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