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'Big Short' Legend Michael Burry Bets Big On Lipstick Index: Is He Bracing For A Recession?
Monday, May 19, 2025 - 12:10pm | 524Legendary investor and hedge fund manager Michael Burry recently doubled down on his investment in cosmetics giant Estée Lauder Companies, Inc. (NYSE:EL). Burry's move could reflect a strategic bet on the so-called “Lipstick Index,” which suggests consumers turn to more affordable...