The Big Short's Michael Burry: Betting On China With Baidu And Others
Portfolio Pulse from
Michael Burry's Scion Asset Management is investing in Chinese companies like Alibaba, Baidu, and JD.com, with puts as hedges. Baidu is highlighted for its growth potential in AI and autonomous driving, despite China-specific risks.
November 15, 2024 | 10:00 pm
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Baidu is highlighted by Michael Burry for its growth potential in AI and autonomous driving, trading at a low valuation with strong cash flows. Despite China-specific risks, it is seen as an attractive long-term investment.
Baidu is emphasized for its growth potential in AI and autonomous driving, which are key future growth areas. The low valuation and strong cash flows make it attractive despite China-specific risks.
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