Michael Burry Stock Portfolio: 6 Stocks to Buy

Core Insights - Michael Burry, known for predicting the 2008 financial crisis, has made significant adjustments to his stock portfolio, reducing the number of stocks to roughly half and exiting Chinese stocks while betting against the US tech sector [1][2][3] Group 1: Portfolio Adjustments - Burry's portfolio adjustments include a focus on healthcare, retail, and biotechnology sectors, moving away from technology stocks amid the AI boom [5] - Scion Asset Management has achieved an 11.01% return over the past year and a 113.55% return over the past five years, showcasing Burry's successful investment strategy [4] Group 2: UnitedHealth Group Incorporated (NYSE:UNH) - UnitedHealth Group is a significant holding in Burry's portfolio, with an equity stake of $6.24 million and a stock performance increase of 16.58% from the end of Q2 to October 9 [9] - The company is facing pressure from shareholders to adopt an independent board chair due to concerns over governance and recent earnings misses [10][11] Group 3: MercadoLibre Inc. (NASDAQ:MELI) - MercadoLibre holds an equity stake of $7.84 million in Burry's portfolio, with a stock performance decline of 14.78% from the end of Q2 to October 9 [13] - The company is experiencing competitive pressures from Amazon and Shopee in Brazil, which may impact its earnings in the upcoming quarters [14][15] - Despite expected revenue growth, analysts forecast that MercadoLibre's EBIT and earnings will fall short of consensus estimates, indicating potential challenges ahead [16]