標題：邁克爾·伯里（Michael Burry）以預測2008年的次級抵押貸款危機而聞名，在第一季度賣出了他的大部分持股，專注於單個化妝品股票：estéeLauder

準確預測2008年住房崩潰的投資者邁克爾·伯里（Michael Burry）透露了一系列新的投資，使金融部門感到困惑。

Michael Burry, the investor best known for his role in predicting the subprime mortgage crisis in 2008, has sold a major portion of his holdings to focus on a single stock: Estée Lauder.

邁克爾·伯里（Michael Burry）以預測2008年的次級抵押貸款危機而聞名的投資者聞名，他的股份中有很大一部分專注於一張股票：埃斯妮·勞德（EstéeLauder）。

As per the latest 13F filing from Burry’s investment firm, Scion Asset Management, the firm had sold all of its stock in Devon Energy, Zoom Video Communications, and قد أحضر, among others, by the first quarter.

根據Burry投資公司Scion Asset Management的最新13F備案，該公司已在第一季度出售了其所有股票，並在Devon Energy，Zoom Video Communications和قQulther中出售了所有股票。

As of the quarter, Scion’s portfolio is almost entirely concentrated on Estée Lauder, with a new 216,080 share stake.

截至該季度，Scion的投資組合幾乎完全集中在EstéeLauder上，新的216,080股股份。

The filing also revealed that Burry's firm had acquired put options on Nvidia and Chinese tech giants like Alibaba, JD, and Baidu.

該文件還透露，Burry的公司已獲得了Nvidia和中國科技巨頭等中國科技巨頭的選擇。

suggest that Burry is anticipating further escalation in the trade war, leading him to reduce his holdings in both Chinese companies and Nvidia, which is heavily involved in the surging demand for AI-derived silicon.

建議Burry預計在貿易戰中會進一步升級，這使他減少了他在中國公司和NVIDIA的持股，而Nvidia卻大量參與了對AI衍生矽的需求飆升。

However, his increased bet on Estée Lauder could indicate a short-term preparation for a recession.

但是，他對EstéeLauder的賭注不斷增加，這可能表明衰退的短期準備。

Burry's investment strategy appears to be based on the lipstick index theory, where consumers tend to buy more lipstick and makeup during economic downturns to reduce spending on more expensive items.

Burry的投資策略似乎基於口紅指數理論，在經濟低迷期間，消費者傾向於購買更多的口紅和化妝，以減少更昂貴的商品的支出。

This theory, popularized by Estée Lauder's heir Leonard Lauder, has been a subject of debate among analysts, who consider the indicator to be controversial.

該理論由EstéeLauder的繼承人Leonard Lauder推廣，一直是分析師之間的辯論主題，他們認為該指標是有爭議的。

In May 2024, Burry's firm had allocated $10 million in gold through Sprott Physical Gold Trust, a fund that allows investors to purchase gold without handling custody of the precious metal. This allocation comes early in the year and marks a significant addition to the gold bull run that is unfolding.

2024年5月，Burry的公司通過Sprott實物黃金信託基金分配了1000萬美元的黃金，該基金允許投資者購買黃金而無需處理貴金屬的監護權。這種分配在今年年初進行，標誌著正在展開的金牛跑步。