Michael Burry stayed quiet, bet big on Chinese tech giants, and saw one stock wager pay off in 2024. Michael Burry kept a low profile, plowed money into three Chinese tech giants, and saw a long-standing stock bet pay off in 2024. It went from owning 50,000 Alibaba shares worth $4.4 million to 200,000 shares worth $21.2 million. It raised its JD.com position from 125,000 shares worth $3.6 million to 500,000 worth $20 million. Starting from scratch, it also amassed 125,000 Baidu shares worth $13.2 million in the nine months to September.

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Persons: Michael Burry, Burry, He's, Elon Musk's Tesla, Cassandra B.C, hasn't, They're, Patience Organizations: Baidu, GameStop, Elon, Apple, Nvidia, SpaceX, Management, Scion Locations: Wednesday's