Dec. 3 at 5:30 AM
$FOUR is one is one of only four companies that Michael Burry believes present compelling stock value at today’s market prices. I don’t like the guy. Seems like he’s wrong way more than he’s right in re his macro investing. But I do believe he’s a very skeptical security analyst, in the traditional, company-specific, extra cautious, bottoms-up sense. This stock is cheap, objectively, in an expensive broad market. Goes to show how subjective the valuation process is over the short- -and medium-terms. In the long run, stock prices always move in the direction of earnings. Earnings are going up here.
