Michael Burry BUYS Alibaba Stock

TL;DR

Michael Barry made significant changes to his portfolio in Q4 2022, reducing positions in private prison companies and curate retail. He added positions in Black Knight, coherent Corp, Alibaba, JD, Wolverine Worldwide, MGM Resorts, and Sky West. Barry's move into Chinese tech stocks indicates his comfort level and aligns him with other super investors.

Transcript

so as of the time of recording we've just ticked over that 45 day period after the end of each quarter which means the 13f filings are out so in this video let's have a look at exactly what Michael Murray is up to with his portfolio and particularly what stocks he was buying leading into 2023 so I'm not going to keep you guys waiting here is the li... Read More

Key Insights

• 🧘 Barry reduced positions in private prison companies and curate retail, indicating a shift in his investment strategy.
• 🧑‍💻 His purchase of Alibaba and JD suggests confidence in the long-term potential of Chinese tech stocks.
• ❓ Barry's successful timing with investments is evident in the performance of Alibaba and JD.
• 🧑‍💻 Other super investors, such as Charlie Munger and Ray Dalio, have also invested in Chinese tech stocks.
• 🇨🇳 Economic growth and geopolitical uncertainties in China still pose concerns for Chinese stocks.
• 🙂 Barry's portfolio changes should be considered in light of his overall bearish sentiment towards the market.
• 🥹 Barry's portfolio holdings may not account for cash reserves or short positions.

Questions & Answers

Q: What changes did Michael Barry make to his portfolio in Q4 2022?

In Q4, Barry reduced his positions in Geo Group, Core Civic, and curate retail. He added positions in Black Knight, coherent Corp, Alibaba, JD, Wolverine Worldwide, MGM Resorts, and Sky West.

Q: Why did Barry invest in Chinese tech stocks?

Barry's purchase of Alibaba and JD indicates his comfort level with investing in Chinese companies. Despite concerns surrounding listing regulations and tensions between the US and China, other super investors have also shown interest in Chinese tech stocks.

Q: How has Barry's timing been with his investments?

Barry has a track record of good timing with his investments. For example, he bought Alibaba and JD in 2019 when their stock prices were low. Both stocks have performed well since his purchase.

Q: What is the significance of Barry's move into Chinese tech stocks?

Barry's move into Chinese tech stocks, along with other notable investors, suggests that despite concerns, there is confidence in the long-term potential of these companies. This indicates a positive sentiment towards the Chinese tech sector.

Summary & Key Takeaways

• Michael Barry trimmed his positions in the private prison companies Geo Group and Core Civic, as well as curate retail.

• Barry added positions in Black Knight, coherent Corp, Alibaba, JD, Wolverine Worldwide, MGM Resorts, and Sky West.

• Michael Barry's purchase of Chinese tech stocks, Alibaba and JD, suggests his comfort level with investing in Chinese companies, aligning him with other notable investors.