Why Is Michael Burry So Bullish on Lululemon Stock? And Should You Be, Too?

Michael Burry is an investor who isn’t afraid to take a long position, even when it appears to be contrarian to the rest of the market. He was the investor who, starting in 2005, identified the risky nature of the subprime mortgage market. He bet against the market and made millions in selling credit default swaps when the housing bubble popped in 2008. His now-famous bet inspired the movie, “The Big Short,” which went on to win an Academy Award.

Burry recently closed down his hedge fund, Scion Asset Management, which frees him from SEC rules that prevent fund managers from talking about specific stocks. And he’s using his newly found freedom on Substack and his new product, “Cassandra Unchained,” to dole out investing advice and share his unique investing style.