How much would a 1000 investment in a Michael Burry portfolio at the beginning of 2024 be worth now

Michael Burry, known for his shrewd investment tactics during the 2008 financial crisis, has continued to be active in the stock market up to the 2020s. His Scion Asset Management updates have garnered significant attention from investors and analysts.

Considering Burry’s track record and ongoing stock market activities, Finbold decided to analyze the potential returns of a $1,000 investment in the top 5 holdings of ‘The Big Short’ investor at the beginning of 2024.

If one were to allocate $1,000 across Burry’s top five holdings while maintaining the overall portfolio balance, $230 would have been invested in JD.com (NASDAQ: JD). Since the start of 2024, JD.com has seen a 6.80% increase, resulting in a growth to $245.64.

Following the same principle, $211 would have been allocated to Alibaba (NYSE: BABA), which has experienced a 0.40% decline since January 2, resulting in a value of $210.16 in June.

HCA Healthcare (NYSE: HCA) would have received $196 of the investment, and with a 23.73% rise in 2024, it would be worth $242.5.

Investing $184 in Citi (NYSE: C) would have led to a $26.86 increase, with the shares being worth $210.86 in June due to a 14.59% increase.

Finally, $179 would have been placed in the Sprott Physical Gold Trust (PHYS), which saw a 14.05% rise, resulting in a $25.15 increase to be worth $204.15.

In total, an investment mirroring Burry’s top 5 holdings would have appreciated by 11.33% by mid-June, from $1,000 to a total value of $1,113.31. However, it is important to note that despite Burry’s reputation, investing in an S&P 500 fund would have yielded a higher return, with the index rising 15.69% year-to-date (YTD).

Overall, the decision to invest is speculative and carries inherent risks. It is important to research and consider all factors before investing.