https://www.valuewalk.com/2014/04/michael-burry-silicon-investor/
Gives some insight into a portion of his strategy, some interesting quotes, book recommendations, the types of companies he was looking at at the time (1999-2001) as well as a small analysis of worldcom at the time which I found interesting.
Granted it was nearly 6 years before worldcom's collapse, but he was already questioning the added value from their acquisition choices.
"Following up on my examination of Worldcom, I concluded that Worldcom would have to start showing it didn't need more acquisitions. Its acquisitions to date seem to have been borne of empire-building rather than shareholder reward. And the market is knocking it down drastically on news of its latest acquisition. Certainly it appears that the "story" phase for the stock is over, and the proving time has begun. But Worldcom is still trying to finish the story. I'm still staying away."
Haha I wonder if he ever took a position?
Submitted April 04, 2018 at 03:39PM by Blondeandblemished https://ift.tt/2EjOis8
