Big Short’s Michael Burry Reveals His Picks of Undervalued Japanese Companies
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Shares of small- and medium-sized Japanese companies targeted by Michael Burry climbed on Thursday after the investor from “The Big Short” disclosed his holdings in an email interview with Bloomberg News.
The investor, whose bet against the subprime bubble a decade ago was spotlighted in “The Big Short: Inside the Doomsday Machine” by Michael Lewis and the 2015 movie, is now “100% focused on stock-picking,” he said. Burry, who exited his investments in water and farmland, followed up on his recent disclosure of major stakes in smaller value stocks and the U.S. and South Korea by discussing specific investments in Japan.