Baidu's Strong Quarter Proves a Smart Pick for Michael Burry
BIDU(BIDU) MarketBeat·2024-08-23 21:32
Recently, investors have had the chance to gain insight into the portfolios of Wall Street’s mega investors, from Warren Buffett and his multi-billion dollar positions and portfolio shifts to Michael Burry and his not-so-contrarian value investments. Michael Burry directly goes against popular culture and opinion by allocating some of his capital to Chinese stocks.Valuations have been kept compressed for China’s stock market, as geopolitical risks and fears of investing in overseas markets have caused inves ...