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 the number of individual…

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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