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Add as a preferred source on GoogleMichael Burry Adds BYD Shares in Early October Portfolio Reshuffle
The purchase was part of an early October portfolio reshuffle as Burry continued repositioning his portfolio and moving up his market timeline.
Michael Burry added shares of BYD Company Limited (BYDDY, BYDDF) in a purchase reported in an Oct. 6 portfolio update, extending a series of changes to his investment positions.
Burry is known for predicting the 2008 housing-market crash.
The move follows Burry’s earlier comments about moving up his market timeline while describing concerns about overvalued equities and changes to bearish positions.
BYD Company Limited is a Chinese electric-vehicle manufacturer.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.