📉 The Burry Trade Has a Flip Side
The playbook seemed foolproof: go long on whatever Michael Burry shorts and ride the gains. Today proved it’s not that simple.
Lululemon plunged to its lowest level since 2018, dropping 20% after yesterday’s report. Yes, the brand known for premium apparel—and socks—is actually Burry’s biggest long bet.
Now, that position is down roughly 60% from his entry point.
Is this just a blip—or something bigger?
✅@futures
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1September 5, 2026 1K 1
