Yesterday evening legendary investor Michael Burry tweeted the single word “sell”. Less than twelve hours later Burry deletes his twitter account. The tweet was haunting and comes at a time when the S&P 500 is up 6.2% YTD and the Nasdaq is up 11%, the best performance since 2001. The hardest hit stocks in 2022 are making a comeback in 2023 as inflation continues to trend lower and the likelihood of the Fed reducing their rate hikes or completely reversing take into effect.
So I have the Burry trade in the app - since he's no longer tweeting, how are you able to know what he is trading? Through his 13F filings?
Well written article.