Jul. 10 at 3:22 PM
$LULU
Interesting update on the long-term investing debate.
It has been about 330 days since Michael Burry publicly disclosed his position in Lululemon, and the stock is now down roughly 37% from that period.
This is a good reminder that even legendary investors can face pressure before a thesis plays out. The market rarely rewards patience immediately.
The real question now is whether the weakness reflects a broken story or simply a reset in expectations.
Watching fundamentals, margins, consumer demand, and technical support levels will matter more than the headlines.
Sometimes the biggest opportunities appear when sentiment is at its weakest.
