NewsMV
Michael Burry has disclosed a short position in Caterpillar (CAT), marking the first time he has bet against the industrial equipment maker.
The trade followed Caterpillar's near-doubling during the AI-driven market rally of 2026 — the move Burry said was what made the stock jump out at him.
He framed the position as a break from form: Caterpillar has always worked for him as a long, and he has never previously shorted it.
A Stock That Had Only Ever Rewarded Him Long Burry's prior trades in Caterpillar were exclusively long-side, and by his own account they consistently paid off.
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