Michael Burry – Charm

Tepper and Burry Signal End of Buy ‘Everything’ Trade in China

Cs news5 months ago05 mins

(Bloomberg) — Two of the world’s most prominent investors are signaling the days of across-the-board gains in Chinese stocks may be ending. Most Read from Bloomberg David Tepper, the billionaire money manager who made waves with his call to buy “everything” related to Chinese stocks in September, trimmed his exposure to Alibaba Group Holding Ltd….

Billionaire Investor Trims Alibaba After Saying Buy ‘Everything’ China

Cs news5 months ago05 mins

(Bloomberg) — Turns out that Billionaire investor David Tepper, who said recently he would buy “everything” China-related amid Beijing’s stimulus blitz, trimmed exposure in e-commerce giant Alibaba Group Holding Ltd. in the third quarter. Most Read from Bloomberg Tepper’s Appaloosa Management cut its Alibaba stake by 5% in the three months through September, according to…