2Yr·

Michael Burry keeps only $GEO (-2.62%) !


Michael Burry, the investor of #thebigshort has sold all his shares except #geo . The guy knows a lot about crashes, but seems to really assume the worst here, when the only thing he still keeps is a company for prisons and psychiatric hospitals.


Then again, those institutions will very almost certainly always be needed. One could also agree with Burry that we will also need more of them in the future than we do now.


Would it be stupid to follow the trend and invest as well? I don't really think much of senseless re-buying, but Burry will not have invested imprudently and the share is not (yet) at its ATH, even though it has risen considerably in the last few days. What do you think, in the shopping cart with it?

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21 Comments

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Burry invested 3.3 million in $GEO, that's probably pennies for him. If he had gone all in, I would have also considered 😅
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13F Filing of the 2nd Quarter. Today is August 17. What Burry has been doing for the last six weeks no one knows.
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Are there already crash prophets here now?
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The real headline is "Burry sells everything," not which pad of a few million he's keeping.
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The GEO position is extremely low by his standards. Sounds mach more am than it ends up being.
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Just follow him on Twitter and then you will quickly realize that he was right for once in 2008 and is now permabear.
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But these are only national shares. He still has some international holdings and private equity...
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No, Burry only holds the GEO group according to the 13f filings.
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