Michael Burry's Scion Asset Management scoops up shares of Alphabet, Amazon

Michael Burry’s Scion Asset Management scooped up shares of Alphabet Inc. GOOGL and Amazon.com Inc. AMZN during the fourth quarter of 2023, part of a shopping spree that saw his fund open positions in more than a dozen stocks. After drawing attention last year for holding bearish puts against the S&P 500, the Nasdaq-100 and a basket of semiconductor stocks, Burry apparently sold the last of these puts and instead added more long positions to his portfolio in the fourth quarter. The value investor expanded ...