
Both Michael Burry, the famed investor behind "The Big Short," and Estee Lauder Companies, Inc. (NYSE:EL) have strategically reduced their exposure to China – and Burry doubled his bet on the global beauty giant.

Both Michael Burry, the famed investor behind "The Big Short," and Estee Lauder Companies, Inc. (NYSE:EL) have strategically reduced their exposure to China – and Burry doubled his bet on the global beauty giant.