Burry Channels Buffett

Benzinga

Investor Michael Burry called Molina Healthcare a premier investment, comparing it to Warren Buffett’s Geico deal and arguing its Medicaid focus offers lower risk and clearer long-term growth than Apple, according to Business Insider.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:03Renowned investor Michael Burry published a thesis on Monday on Substack.

00:07He argued that Molina Healthcare is a premier investment opportunity

00:11and compared it to Warren Buffett's acquisition of GEICO, according to Business Insider.

00:17Burry said Molina carries lower risk and stronger business prospects because of its focus on

00:22Medicaid programs. He highlighted growth potential and a record of high returns on invested capital.

00:29Burry said he would buy the entire company if he had enough capital and argued Molina has a

00:33clearer path to double-digit long-term growth than Apple. Burry suggested that a younger Buffett

00:39building his insurance portfolio might buy Molina Healthcare at its current level.

00:44He remains bullish despite a sharp stock decline in pressure on health insurers from rising costs

00:49and legislative changes. Burry cited Molina's Medicaid focus, agent-free model, stock buybacks,

00:55and conservative accounting. He said shares below $100 would be a generational buy.

01:02Shares closed above 2.47% at $170.66 on Tuesday's close, according to data from Benzinga Pro.

01:11For all things money, visit Benzinga.com.

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