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r/valueinvestingr/valueinvesting· u/Morgulu· 4d agoDiscussion 13

Why DR Burry bought Meli?

Investor summaryBearish

The author questions why value investor Michael Burry bought MELI at around $1600, believing the stock is overvalued.

Bear points
  • The author believes MELI is currently overvalued.
  • Questions the rationale behind buying at high price levels around $1600.
MELI价值 / 回购
Post body

I know that DR Michael Burry is value investor and he bought Meli. But Meli is overvalued, why he buy it around +- 1600s prices?

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