Burry's Alibaba Bungle: A Cautionary Tale for Value Investors Michael Burry's high profile exit from Alibaba serves as a reminder that even successful investors can be misled by market sentiment and company strategy.
His recent decision to sell his stake in Alibaba and invest in JD. com has sparked debate about valuation, dilution, and the long term prospects for both companies.
Burry made headlines with his prescient bets against subprime mortgages in The Big Short . However, his sale of Alibaba shares, particularly at this time, is noteworthy. The company recently completed a $10.