GEO Group Update - Q1 2023 - Burry Portfolio

We have written extensively about GEO Group (GEO), a public prison stock that Michael Burry has been a large shareholder of. Since Burry’s original filing we have continued to follow and many own GEO Group as the stock continues to be undervalued, over levered and has potential to generate strong returns over the long-term for equity holders.

The recent pullback has provided an attractive opportunity for anyone not following the story. Here is a quick update on the results.