Buying

‘The Big Short’ star Michael Burry invested in a SPAC buying Harley-Davidson’s electric-motorcycle unit. He might be trolling Elon Musk or nodding to Warren Buffett.

Michael Burry

Michael Burry.Bloomberg Risk Takers

  • Michael Burry built a $10 million stake in a SPAC buying Harley-Davidson’s electric-motorcycle unit.

  • “The Big Short” investor, who bet on a key SpaceX rival last year, may be trolling Elon Musk.

  • Warren Buffett, a key influence for Burry, loaned $300 million to Harley-Davidson in 2009.

Michael Burry recently revealed a $10 million bet on an electric-motorcycle maker. The investor may be warming up to special-purpose acquisition companies (SPACs), thumbing his nose at Tesla and SpaceX CEO Elon Musk, or placing a bold wager on a business with historical links to Warren Buffett.

Burry is best known for his massive bet against the mid-2000s housing bubble, which was immortalized in the book and movie “The Big Short.” The Scion Asset Management boss also laid the groundwork for the meme-stock movement by investing in games retailer GameStop in 2019, and clashed with Musk last year over

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Should You Think About Buying MotorCycle Holdings Limited (ASX:MTO) Now?

MotorCycle Holdings Limited (ASX:MTO), might not be a large cap stock, but it saw significant share price movement during recent months on the ASX, rising to highs of AU$2.73 and falling to the lows of AU$2.35. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether MotorCycle Holdings’ current trading price of AU$2.45 reflective of the actual value of the small-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let’s take a look at MotorCycle Holdings’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change.

View our latest analysis for MotorCycle Holdings

What is MotorCycle Holdings worth?

According to my valuation model, MotorCycle Holdings seems to be fairly priced at around 6.8% below my

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Best New Electric Motorcycles Taking Charge in 2021: A Buying Guide

The Volcon Grunt isn’t your typical motorcycle. It has cartoonishly blown-up rubber tires and a single cyclops-like LED headlight. It’s not a cruiser or street racer. In fact, it’s not even legal for street riding.

But with a top speed of 60 mph, and an electric motor that its maker says can go 100 miles on a charge, what it can do is take you deep into nature and back, almost silently. The target market for the $5,995 Grunt is less easy riders than it is hunters, hikers, anglers, birdwatchers, and other adventure seekers.

Says Andrew Leisner, the chief executive officer of Austin, Texas-based Volcon: “This is a motorcycle not designed for motorcyclists.” 

The same, it seems, can be said of many of its competitors. After almost two decades of electric cars, there’s a boom in electric motorcycles of all shapes and sizes. There are neighborhood commuter bikes, backwoods bikes,

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US car sales recover: Americans are buying cars again

“When you look back to where we were in March and how dismal things looked, it’s incredible how strong the year ended,” said Michelle Krebs, senior analyst at AutoTrader.

GM made the announcement Tuesday alongside a release of its own fourth-quarter sales figures.

It doesn’t mean that auto sales are all the way back: Fleet sales, which typically make up about 20% of overall US sales, are still way off, GM said. That’s especially true for sales to rental car companies, which account for roughly half of fleet sales.
At GM (GM) specifically, fourth-quarter sales were up nearly 5% from a year ago — but it’s not a fair comparison, as GM’s fourth quarter 2019 sales were impacted by a prolonged strike at the automaker. GM’s full-year sales were down about 12% from 2019.
But Toyota (TM) also reported US quarterly sales rose 9% compared
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