Here's why Michael Burry's biggest stock bet is about to pay off
BABABABA(BABA) Finbold·2024-09-24 22:37

The famous ‘Big Short’ investor Michael Burry might soon have a lot to celebrate as his biggest holding, Alibaba (NYSE: BABA) is either already in the green in its entirety, or at break-even levels.To be precise, Burry has, for a time, been in the green on the bulk of his 155,000 BABA shares but the initial batch of 50,000 has been somewhat controversial. Indeed, as the original Alibaba stock was acquired during the third quarter of 2023, it could have been bought for as little as 83orformorethan83 or for more than 100. ...