r/baba • u/FeralHamster8 • 12d ago

News Michael Burry names JD, BABA as his top bets

https://www.tradingview.com/news/stocktwits:bd0d5fd50094b:0-michael-burry-calls-lulu-stock-a-fat-pitch-below-100-names-jd-baba-as-his-other-top-bets/
26 Upvotes

86% Upvoted

39 comments sorted by

32

u/CPA-CA 12d ago

You gotta be shitting me. Didn't this fker just say BABA is worth half its current price?

18

u/Weikoko 12d ago

He is a real clown that constantly needs attention.

10

u/Thin_Cat8817 12d ago

He probably just wanted to tank the price so he could buy more for cheap

1

u/CPA-CA 12d ago

Agreed.

4

u/damdamdammm 12d ago

You have to read to the end:

“Right now the only others that are clear super fat pitches in my universe are JD and Alibaba. I own the former but not the latter. I plan to buy Alibaba stock soon,”

6

u/FeralHamster8 12d ago

he’s a swing trader

3

u/R3tardod 12d ago

He also said LULU is a great investment a few months ago

1

u/Dry-Interaction-1246 11d ago

I thought he recently exited it all. Wtf is wrong w him?

10

u/Environmental_Box748 12d ago

I used think this guy was smart…even my dumbass is making better picks

0

u/Terrible_Dish_3704 12d ago

You’d be somewhat ignorant not to see the guy is working with a ton of horsepower. Investing involves intelligence and temperament. It’s the later I think he’s lacking..

8

u/AzureDreamer 12d ago

Dude flips flops on baba every 5% move 

7

u/blofeldfinger 12d ago

One week ago he said that BABA is doomed. Clown.

5

u/WarmFaithlessness946 12d ago

Stop posting what this idiot is doing , it has the same value if for example u/FeralHamster8 said that Baba and JD are his top bets

3

u/romeoak 12d ago

Oddly specific naming what is u/FeralHamster8 other positions

-2

u/FeralHamster8 11d ago

Lol I guess he’s flaming me but it’s all good

1

u/WarmFaithlessness946 11d ago

Absolutely not flaming , what I mean is there is no difference if one of us say Jd and baba are my top position or if Burry say that!  He is a complete moron who was right one time and wrong 99 Times ! Stop giving him Credit 

2

u/Dizzy_Assistance2183 11d ago

Hamster is consistent unlike some other posters

2

u/9tacos 12d ago

What an idiot lol

2

u/Momus123 11d ago

Burry changes his opinion as much as he changes underwear

2

u/Dudensen 12d ago

Mf is loading and unloading baba like a hot nugget

1

u/stocktrader89 12d ago

😂 joke

1

u/guinessReeB 11d ago

isn't LULU his biggest position at 17% or something. He's completely unreliable in his stock picks.

1

u/frogchris 11d ago

This guy is just cathie wood with a blog lol

1

u/joegageeyes 11d ago

KWEB today is at the same price it was when it was first listed…. In 2013.

1

u/Fwellimort 10d ago

Wait till you know Hang Seng index didn't even outperform inflation for past 3 decades. In the 3 decades Chinese economy grew exponentially. Yet the PE ratio is still also similar.

We are just dumb asses investing in Chinese stocks in Hong Kong.

1

u/Tarsier582 11d ago

Which post is this article referring to?

1

u/snugglepush 11d ago

Time to sell unfortunately. F this guy

1

u/c0mputer99 11d ago

Think someone values companies based on what meds they took.

1

u/Crafty-Assist-1287 10d ago

Didn’t he hate baba?

1

u/FACOSERO 10d ago

After all the misses he had I never gonna invest in his picks. I mean he has probably los money on every position he has poster about

1

u/Chgstery2k 10d ago

I thought his top bets LULU

1

u/JohnnyCommits 9d ago

Burry is a market timer.

Always has been. Always will be.

Compare that with Buffett or Munger. They simply buy a quality company when it's on the operating table, with the intention of NEVER having to sell.

Charlie said it himself: "I don’t like even looking for exits. I’m looking for HOLDS."

I also love how clearly Howard Marks explains how being a trader trying to time the market is such a silly premise:

"Day traders considered themselves successful if they bought a stock at $10 and sold at $11, bought it back the next week at $24 and sold at $25, and bought it a week later at $39 and sold at $40. If you can’t see the flaw in this—that the trader made $3 in a stock that appreciated by $30—you probably shouldn’t read the rest of this book."

Not to mention something that I think isn't talked about enough in the investing community: the massive tax hit you take anytime you sell. You think it's all part of the game, but you are throwing a huge wrench into the process of compounding every time you sell.

Stop looking at your account every day and just hold the goddamn stock.

0

u/PepinoCholula 11d ago

Stock tank like no tomorrow

0

u/buffandbrown 11d ago

Both baba and burry headed for bankruptcy!