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International Business Times UK

Niloy Chakrabarti

Michael Burry Buys More of This Stock Despite a 71% Collapse and CEO Departure: Here's Why

Michael Burry Fiserv Mike Lyons Clover Substack

Michael Burry has been engaging in value-investing AI plays despite cautioning about a tech bubble. (Credit: YouTube.com)

The Big Short's Michael Burry is known for winning big during the 2008 global financial crash. Last year, he shuttered his hedge fund on AI bubble fears and has transitioned to disclosing trades and the rationale behind them on Substack.

Burry, known for his contrarian bets, appears to be channeling his value investing philosophy lately, buying beaten-down stock with robust fundamentals and potential for a solid rebound.

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