Michael Burry keeps only $GEO (+0,38%) !
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?