Michael Burry says one year of returns is too short to judge investment skill as his Substack marks its first anniversary. Splitting $10,000 equally across Lululemon, Molina Healthcare, Shift4 Payments and Fannie Mae from the time the positions became public would have left about $7,796, a 22% loss, while the S&P 500 gained about 11%. Lululemon, Shift4 and Fannie Mae fell an average of 43%, and Molina's gains helped limit the losses. Among his April software buys, Veeva Systems nearly doubled, HCA Healthcare has risen nearly 25% since his June argument, and Sprouts Farmers Market has fallen nearly 39%. His bearish AI-boom bets are harder to measure, since options returns cannot be calculated from share-price movements alone.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Michael Burry’s Substack Turns One: He Says A Year Is ‘Useless’ For Judging Skill — Here’s How His Stock Picks Have Fared
Read the original on Yahoo Finance ↗
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NVDA
• NeutralNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/02/2026 | 202.06 |
| Change that session | -1.26% |
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