Michael Burry Bets on Chinese Stocks
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hedge fund managerThe Motley Fool
•Michael Burry Is Betting the House on Chinese Stocks and This Billionaire Investor Is Too. Should You Follow Them?
77% Informative
Hedge fund manager Michael Burry made $725 million by betting against mortgage-backed securities in 2008 .
Burry now has 46% of his portfolio in a trio of Chinese tech stocks.
Billionaire fund manager David Tepper has also been stocking up on Chinese stocks.
Chinese stocks are undeniably cheap, but there's still a lot of risk in the sector.
PDD Holdings isn't one of the 10 best stocks for investors to buy now.
Temu has also had success in international markets, giving it a valuable new revenue stream.
The Motley Fool Stock Advisor service has more than quadrupled the return of S&P 500 since 2002 .
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