Michael Burry, the popular investor of “Big Short” fame, is known for his bearish stance. And why should he not be? It has served him so well that it has spawned a movie based on his life, an asset management company with an AUM exceeding $100 million (now shut down), and worldwide recognition, while also earning scathing reactions from the executives of the companies whose stocks he has shorted over the years, Palantir (PLTR) CEO Alex Karp being the latest one.
But in a recent post on the online publishing platform Substack, Burry presented an often-ignored paradigm of his identity as an investor—the bullish one. He identified four stocks that he reckons could be beneficial for investors in the long term. Populated with popular names such as Lululemon (LULU) and Fannie Mae (FNMA), there is a name from the fintech industry that has been noteworthy.
