Why Michael Burry Just Sold Half his Stock Holdings

[@EdisonNorman-b8b]

Biggest lesson i've learnt in 2024 in the stock market is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.

[@VictoriaPhilips-r6]

Nobody knows anything; You need to create your own process, manage risk, and stick to the plan, through thick or thin, While also continuously learning from mistakes and improving.

[@AntonioLorussoo]

Uncertainty... It took me 5 years to quit attempting to forecast what was going to happen in the market based on chart analysis, since you never know. Not having an adviser lead me cost me 5 years of suffering. I learned to go where the market wants to go while being basic and disciplined.

[@AlexNelson-z4p]

Could you kindly elaborate on the advisor's background and qualifications?

[@AntonioLorussoo]

Just research the name Sophie Lynn Carrabus . You’d find necessary details to work with a correspondence to set up an appointment.

[@AlexNelson-z4p]

She appears to be well-educated and well-read. I did an online search for her name and found her website; thank you for sharing.

[@Mitchell.Holland]

Watching in my 40s... And only just starting investing I feel so behind!

[@estevez1942]

Gotta start somewhere

[@VanillaCherryBread]

Keep going buddy I started at 41... was in 7K debt and living in my overdraft. I'm now debt free have a 15K emergency fund. 20K saving pot and just surpassed ~$150K. Diversification and consistency is key... I am almost 43 now

[@philcrowley007]

I lost a lot chasing individual stocks and I feel pretty silly for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!

[@ShelleyfromCali]

The only comparison that matters is the one to yesterday's self. Today you're starting which means you're already better than you were yesterday:)

[@VanillaCherryBread]

Great advice here. Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I’m invested in ETFs, REITs, and individual stocks and use a CFA. On average, she takes 10% of earnings, but using *Lina Dineikiene's* system makes it fairly simple. I conservatively follow her recommendations and market entry and exit points, and tbh this saves me countless hours analysing companies... I am convinced it's not just hard work but smart work :-)

[@Wrex327]

He predicted 15th recession this year.

[@vampierkill]

Was looking for this. 1000 no and 1 yes seems to make it a yes now.

[@Daniel-ld3zi]

Lol right... Anyone who has followed this guy for at least a month knows he's a short term trader. He will be all in within 2 weeks

[@KilgoreTroutAsf]

The yen carry trade crash was a breeze in the park I suppose.

[@ZeroPageX]

He predicted one last year too. He said sell in January, and the S&P went up 41%.

[@onlypostthebest6104]

@@ZeroPageXexactly

[@chinookhelomech4059]

Shorter Version = He did not dump all his holdings, he retained a position in the same well run companies he has a position in, he did pull back some capital in anticipation of there being some advantageous buys in value in the near future, considering the market is slightly over valued right now, and tension and uncertainty are rising in the world in general and the markets in particular, he is probably well positioned to make further smart moves in how to invest. Having a lot of cash on hand to buy a good value when it presents itself is very smart, just ask Warren Buffet.

[@raoulhery]

Back in 2003, Burry sold most of his portfolio predicting a 2024 bear market.....THis man is always predicting a krach, he will be right...eventually

[@paulgilliland2992]

He’s been claiming for years that Armageddon was imminent. He hasn’t had a single win since 2008 when he made that bet.

[@islandguy9380]

Yup. Google "Michael Burry failed predictions".

[@gamanaskumarmk]

His china bet has paid off

[@SimretBielke]

One question, please! Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with a low percentage on my $236k portfolio and try to keep everything around 10%.

[@AdryanaAlef]

I've always advised the investors I know to exercise caution when it comes to new buys, especially right now. You should thread the market with the guidance of a qualified specialist or reliable counsel if you don't know where to look.

[@EfosaWerker]

@@AdryanaAlef The issue is people have the "I want to do it myself mentality" but are not equipped enough for a crash and, hence get burnt. Ideally, advisors are reps for investing jobs, and at first-hand encounter, my portfolio has yielded over 300% since 2020 just after the pandemic to date.

[@SimretBielke]

@@EfosaWerker How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@EfosaWerker]

@@SimretBielke The beauty of MARGARET MOLLI ALVEY approach is her dual focus: while aggressively pursuing profit opportunities, she's equally tenacious about shielding investors from potential pitfalls. It's a balance few can achieve.

[@SimretBielke]

@@EfosaWerker Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

[@coffeemilk4080]

How can you know his portfolio in Q3? It has not been published yet. Could you please give us the source?

[@omara3389]

According to Bloomberg data… can someone check the terminal

[@coffeemilk4080]

@@omara3389 that’s definitely not Q3. Nobody knows Q3 portfolio until 13F filing. If bloomberg knows, it is fake news or outdated news from Q2. What he said looks like Q2 to me.

[@paperoligarch]

this is incorrect according to dataroma the 24% in AliBaba mentioned in the video was in Q2

[@robschild.]

He sold gold because he already got a great return. Why continue the risk at all time highs?

[@sociolocomtsac]

Because cash is trash as interest rates are going down.

[@wollercr]

@@sociolocomtsac But Cash increases in value when assets decrease. This is what is happening.

[@sociolocomtsac]

@@wollercr We're talking about gold as a cash alternative, not other assets.

[@wollercr]

@@sociolocomtsac Yes. Either or. But if the Gold price falls in the short to mid term you gain by just holding cash.

[@salookie8000]

@@wollercrwhat asset prices are going down?

[@papakoji9239]

incredibly well made and concise video. loved how you connected all the aspects of economy, what affects what and the visualization of murry's portfolio changed. subscribed

[@nicholasreid7296]

What is the chart at 3:24 showing? Buffet indicator? This needs to be more clear.

[@chantow8657]

He would have made whopping +50% on his Chinese stock holdings on recent Chinese stock surge, and the surge isnt going to end soon as of the time of writing

[@Ellifiknow]

If you predict a recession constantly, you're going to be right sooner or later.

[@shawn576]

As much as we laughed at Burry on twtiter for being wrong about various things, he seemed to time a LOT of things correctly. He just sold his gold at the all time high, he bought China before the recent skyrocket in price.

[@patitilinda]

I love how you simplify complex topics in the crypto space.

[@blakewilliams3666]

it’s not an opinion on the economy. it’s his judgement on prices

[@BlackSwan-sq2iw]

It’s all about valuation. US stocks are expensive now and Chinese stocks are dirt cheap. That’s it. But Chinese stocks have been in a frenzy surge in the past week. Very soon the opportunities there will be gone too

[@mulemule]

*_Thank you_** for being so succinct.* 🏆 *(Huge cumulative efficiencies when content providers prioritize viewers' time instead of feeding KZbin's algorithm.)*

[@albaniangod4378]

Can we all agree that Ashton kutcher should’ve played him in the big short instead bale, they look identical

[@ronalda.ortman4759]

Excellent analysis. Visuals are outstanding.

[@m6hmood]

What is his positon on crypto and its roi.

[@kimmux]

Your graphics and presentation are excellent. Thanks for all the effort on these!

[@EthanReadsHisBooks]

Excellent analysis.

[@dt_lit]

Source for michael burry F13 filings? I know it is the start of the new Q3 quarter but he doesn't have to keep us posted for the next 45 days.

[@VeronicaOlivers]

"Alright, I've finally built up my $56k emergency fund (yes, I’m that person) and now ready to dive into investing! But where do I start? Do I throw it all into stocks? Real estate? Or just pray to the ETF gods? Someone give me a headstart before I end up buying Bitcoin at the wrong time again. 😂"

[@OriginalWhiteDevil]

I stay diversified and buy on the dips. I'm in the green on all of them and overall up 21.59% this year, 31.10% over the last year. Unless you're insider trading, you'll fail in predicting the market. XLK VYM FNCL SPYG AVUV FENY XLU URNM

[@cryptoking24]

The visuals you used in this video made it even better!

[@tbadj649]

Seems like P/E valuations are a significant driver of Bury's decision; he's following the value where it's priced most opportunistically. Also, if we have a .618 Fibonacci retracement within the current Elliot Wave on the gold spot price chart I think he might buy back in a little bit (I think he took profits on gold but knows we are in the early stages of a secular bull market in precious metals).

[@cartman_soc]

that is basicaly a repost, from everywhere else

[@SportsIncorporated]

People may need to sell what they can sell in a downturn. Gold. A reason to get out of gold.

[@cryptotrend20241]

Your insights on the future of NFTs are thought-provoking.

[@CherryT.Nguyen]

Nice video, Hopefully I will love to get more insights in Stock markets. Thanks!

[@Joe-lb8qn]

The legendary investor ... who shorted Tesla while it doubled then bailed out, and didnt short whilst it fell. The legendary investor who predicted 14 of the last 2 crashes.

[@dignaga69]

"Technology is non cyclical" ?

[@dt_lit]

cyclical vs defensive meaning | cyclical, volitile and good during bullish runs | defensive, steady growth usually, good during bearish runs

[@faizankhan-de2yk]

Just grabbed a chunk of Wurmp Inu. Launch is gonna be huge-expecting at least 50x!

[@billyjean9484]

Elon on Burry: "Even a broken clock is right twice a day."

[@JamesForbes-yd4qx]

Michael Burry’s moves are intriguing, especially with his pivot to Chinese tech amid global uncertainty. With Bitcoin surging and AI stocks like NVIDIA booming, I’m torn between following value plays or betting on innovation. What’s the smarter long-term strategy here?

[@NancyAllen-n7t]

I agree. Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.

[@Rob-no5dy]

Great video!

[@DavideRuggiero-gt9ub]

Great video, thanks a lot!

[@-_______________________.___]

Broken clock is right twice a day

[@AEVMU]

Could just be a trade. These guys can move huge sums on short notice.

[@HendrikaWoudman]

I've kept much of my savings in cash for safety, but I'm unsure if it's right for retirement. Contemplating investing $400K in stocks, as I've heard investors can profit in tough times. Unsure about my next move.

[@AnneLowenthal-l5f]

It's impressive how much you saved during your working years, a feat not many achieve in a lifetime. Now that you're retired and rely on your investments, it's wise to redistribute your capital to mitigate risks during market fluctuations. Working with a professional can help simplify this process.

[@BUCKHEITGewinner]

Sehr gut strukturiert, top!

[@philipphortnagl2486]

great analysis

[@johnjohnson9980]

Always new growth stocks on the market -- they are not hold forever stocks. I am thinking of CWAN to double this year. Has great earnings. Update 11-07-24. I am up 25% + +. Stops in to limit losses.

[@ezBlu.]

this yea he bought baba right on the sweet spot before it rebounded

[@joshuamills2868]

How did he sell a long portfolio if he’s been short for two decades?

[@CraigAdams-s9i]

Perhaps he just reckons that good is correlated to US equities, and that traders will sell their gold to provide liquidity? Note that he’s mainly sold US stocks for cash and emerging market stocks. Tbh this looks incredibly bearish for the US economy.

[@DoodleDan]

Let's hope he did that for biotech because holy heck it dropped down by quite a bit after that recent announcement in the usa

[@PIOSENKI_DLA_DZIECI_]

Because he can.

[@animalsworlds1161]

And china Market is doing 🔥🔥

[@CarlosSolomon-mb9wl]

In this meme run, I’m betting on Wurmp, Pepe, and Bome being the top runners.

[@ManoElMacho]

And?

[@diabolictom]

He's still waiting for his stopped clock to read the right time again.

[@djfghwetrysdfg]

yes chinese stocks were crazy cheap a few weeks ago

[@219garry]

Him and Buffett are both wrong on this one.

[@AndrewMaloney-zi3hi]

How come his fund is only $100m??

[@roseymalino9855]

You use the word 'JUST' implying recent. This may be long gone by now.

[@Silv718]

Tariffs on our neighbors is what worries me about the market.

[@sarah-janelipska4720]

Don’t think it was the right move !

[@Mirror9911]

Nice video, but it is out too late, as China tech stocks grew 30% for last few days as China announced economy stimulation

[@defaultdefault812]

Wow. Got it so wrong.

[@Eminetics]

Wow he really fucked up, stocks are at an all time high 1 month later 😅

[@DouglasLESLIE-z9x]

So this means throw a dart at the board

[@straightdrive6192]

This guy shorted when dow was at 32K. wonder how much loss he made.

[@Mike-ud2xx]

These news are more than 3 months old lol...

[@abram2535]

Selling Gold is bearish sign.

[@antoniot2510]

your many months late to this with your video. Also he may have not sold his PHYS but exchanged the shares for physical gold

[@theweakthemightythecrazy]

This would have helped 2 weeks ago.

[@popasamuel4872]

Yes, forgot to mention that Game Stop was sold before the Reddit-fueled surge in January 2021. Just to keep the expectations correct!

[@ChunkyROX]

his guy has been calling a crash since 2017.🤣

[@tonypastrami3071]

It crashed 2020

[@coldflu]

I posed a question to a fiat currency expert, someone deeply focused on amassing as much of it as possible: "What will the total supply of fiat currency be in 5 years? In 10?" Silence...

[@KenjiEspresso]

Smooth

[@istvanpraha]

ALmost every sector is overpriced. As a "value" investor I've given up looking for things and just switched to options trading. I could see why he dumped stuff

[@RoyReyes]

Stimulus should lift most boats .. BAOZUN $.3.50 .. perhaps $200 should be decent as opportunity of a lifetime

[@BruutBlondiee]

As an investment enthusiast, I often wonder how top-level investors are able to become millionaires through investing. I have a significant amount of capital to start with, but I'm unsure about the strategies and direction I should take to help me generate substantial profits like some people are this season.

[@greypawn7780]

on the contrary, he sold gold because he is expecting a market crash and years long economical down turn ..

[@jjktng]

He only invests in the Hong Kong market now

[@GeorgeWilliamSinclair]

I am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?

[@aneuploid68]

Never fly Jetblue their service sucks with constant delays and cancellations. Customer service and flight attendants are the worst.

[@SpiderC-666]

50% sale off is what the cost to build himself a new bunker!

[@panellhnies]

VIDEO IS FALSE. Michael Burry has been short on the US Market betting 1.6B against it for a year now...

[@matt37221]

everything makes sense when i can price in a massive upside potential for bitcoin these next few months

[@artyomnomnom]

The reason he sold gold is to take profits since gold is highly overvalued right now.

[@Chrunchmunch]

Overvalued but still being bought by central banks, investors, and normal everyday people?

[@GuilleSanchez.answers]

This aged so badly... 2 months later.

[@Praetorian-G1]

maybe you are overthinking, he just wanted to buy that yacht

[@SusanYork-z3x]

Out he could have taken the physical gold

[@kevoreilly6557]

And kept half … think about it - he’s just rotating

[@alexcavallucci9958]

The man’s net short

[@Daaannn-g6k]

More than a collapse in the stock or real estate markets, inflation has a direct impact on people's standard of living. It’s no surprise that current market sentiment is so negative. To navigate this economy, expert guidance is more crucial than ever. ETFs, stock markets, and the housing sector are all volatile. My $350k portfolio has taken a serious hit.

[@americancitizen748]

Alibaba is not looking that great right now.

[@markparti]

Another word says chatbot is Chinese Chinese needs to switch over to a different brand of chatbot that will give him different advice because if this is true and it is an AI video which it probably is there will be much money lost that's okay you just print more and that's what the dues print more essentially what's going to happen is a chatbot is going to become the next government

[@heartion]

Maybe he's selling Block, bank and gold stocks because he wants BTC exposure?

[@michaelkim2147]

sold way too early! totally regretted that i bet.

[@Gryzietran]

He is not bearish he is perma 🐻. Every year will be crash for him.

[@Daniel-zr4pk]

bro just wanted to buy a mansion and an yacht, leave him be

[@XanderDDS]

misleading commentary: burry sold his stake in GME before it became a meme stock.

[@yuiwong779]

China will return somehow, but definitely not to its previous hikes.

[@Dom-kk4sl]

u are so outdated. his filing was in august...

[@uswwt]

The problem with Chinese stock is also political!! Trump could strongly discourage investments in those stocks if not completely delisting them.