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Barchart
Barchart
Patrick Sanders

Should You Invest Like Michael Burry and Buy This New IPO Stock Here?

Michael Burry has been well-known in Wall Street circles for decades, but he didn’t really break into the mainstream until The Big Short movie, based on the 2010 book of the same name, highlighted his successful bet to short subprime mortgage bonds before the 2008 housing crisis.

And it was at the end of that 2015 film that producers divulged that Burry “is focusing all his trading on one commodity: water.” That’s because the global water supply is under pressure. According to the World Wildlife Fund, less than 1% of the global water supply is fresh and accessible. 

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