Michael Burry calls Lululemon ‘the trickster’ in his portfolio — why it’s now his biggest position

finance.yahoo.com · 2026-09-12

The famed contrarian once called $150 his “load up the truck” price. With shares now below $100, worsening sales and tougher competition are putting his value thesis to the test.

TickrTrends take: Michael Burry's designation of Lululemon as his largest position signals confidence in the company's fundamentals, which aligns with TickrTrends' current undervalued assessment in the Consumer Cyclical sector. Given Burry's value-investing track record, this concentrated bet may indicate the stock has room to appreciate before reaching fair value. Investors focused on valuation metrics should monitor whether LULU's fundamentals justify closing any gap between current price and intrinsic value estimates.

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