Michael Burry Dumps Everything Except One Recession-Proof Asset – You Won’t Believe Why! 😱🔮

by

In an act that rivals the most dramatic of Greek tragedies, Michael Burry, the famed soothsayer of the financial world, has once again turned the tables on his own empire. The man who foresaw the ruin of the housing market in 2007 now makes a spectacle of shaking his portfolio like a maraca at Carnival, leaving only one steady anchor amid the chaos. 🎭💸

According to recent filings from Scion Asset Management, Burry has cast aside all optimism and embraces a bearish outlook with the fervor of a prophet confounded. His guns are aimed squarely at Nvidia (NVDA), a darling of the tech world, now painted as the villain in his new game. With options poised like arrows in a quiver, he wagers against the chipmaker’s triumph, as if expecting it to tumble faster than a house of cards in a hurricane. 🌪️📉

But wait, there’s more! Our visionary has turned his gaze on Chinese stocks—those glittering dragons—only to throw them into the abyss with bearish bets on Alibaba (BABA) and Baidu (BIDU). Truly, the only thing more surprising than his reversal is the fact he still believes in something. Or perhaps, he’s just allergic to losing—disco style. 🐉🕺

And yet, amidst this sea of despair, there remains one beacon of hope. The lone survivor of his bearish wilderness is none other than Estée Lauder (EL)—a company that, unlike the others, promises to bounce back, perhaps because beauty and resilience are highly underrated in markets— or so the cosmetics industry would have us believe. 💄✨

This singular long position is a statement—something akin to holding onto a lone life raft in a sinking ship, whispering, “Recession? Pfft, I’ve got lipstick.” It highlights Burry’s cautious, perhaps even sardonic, outlook—like a gambler who has bet everything and still clings to one chip for dear life. 🎲🙃

Remarkably, this is not his first rodeo. Earlier in 2023, he slashed his holdings so drastically that one might think he was retreating from a battlefield—only to return, battered but unbowed, placing new, targeted bets as if to say, “I was wrong… but not entirely.” The man is as relentless as a Shakespearean tragedian, with all the subtlety of a sledgehammer. 🔨🎭

Read More

2025-05-17 20:43