Here's how much Michael Burry is up on his Alibaba bet

Though Michael Burry is best known for ‘The Big Short’ during the Great Recession, his most controversial investment is at the time of publication and has been for more than a year the bet on the Chinese e-commerce and technology giant Alibaba (NYSE: BABA).Indeed, Burry’s investment in BABA has been closely watched since it was first made in the third quarter of 2023, thanks to both being one of his largest positions – second only to JD.com (NASDAQ: JD) in the latest available full portfolio update – and to ...