Michael Burry's Scion Asset Management sold all but one of its holdings in the second quarter, according to the firm's 13F SEC filing. GEO Group Inc (GEO) is the only holding left in the portfolio.
Considering Burry's track record, I thought it might be worth taking a closer look at this stock to see if we can understand why this successful investor has decided to stick with it while selling everything else.
Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk
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