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Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Watching a stock you own fall by half can make you want to panic-sell or pray the price returns to your entry point so you can exit. But Michael Burry, made famous by the film The Big Short, used a June Substack post to argue that selling is the wrong move (1). He wrote that once you're deep underwat...
Michael Burry: How a stock can fall from $100 to $5 and still deliver a 6x return | Huntaegis