"The Big Short" investor Michael Burry is a Volkswagen bull and he invested into it by buying Porsche SE shares (POAHY). Why you might ask?
Porsche SE is the largest shareholder of Volkswagen with 31% stake and more than 50% stake in ordinary shares. The market-cap currently is less than the value of the total shares they own. In other words you're getting Volkswagen shares at a huge discount. Burry always out thinking everyone.
Michael Burry's quote: "I don't own a Porsche, but I own the Porsche that owns VW that owns Porsche." Here he's referring to Porsche SE (POAHY).
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