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Michael Burry of "The Big Short" Now Sees Big Value in Alibaba

Who's Michael Burry?

Michael Burry is the hedge fund manager who made a big bet against the US housing market in 2008. His bet was famously depicted in the movie "The Big Short".

Burry's Big Bet on China

Burry has now made a big bet on China, buying up shares of Alibaba Group Holding. This is a significant move, as Burry is known for his ability to spot undervalued investments.

• Burry's bet on Alibaba is a sign that he believes the Chinese economy is poised for growth.
• Alibaba is one of the largest e-commerce companies in the world, and it is well-positioned to benefit from the growing Chinese middle class.
• Burry's investment in Alibaba is a major vote of confidence in the Chinese economy.

Why is This Important?

Burry's bet on Alibaba is important because it shows that he believes the Chinese economy is poised for growth. This is a significant development, as many investors have been skeptical about the Chinese economy in recent years.

Burry's investment in Alibaba is a major vote of confidence in the Chinese economy. It is a sign that he believes that the Chinese economy is undervalued and that there is significant upside potential for investors.

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