Michael Burry Eyes the Exit on Walmart, Alphabet and Valero

What happened

Michael Burry said in a Substack post that he will consider selling, reducing or donating long-held stocks, naming Walmart, Alphabet and Valero Energy as examples. He credited long-term trends and the bull market for their gains.

Confirmed

Global impact / market context

Burry is a widely followed investor, so his plan to exit winners can shift how investors view these stocks. It may also prompt questions about whether long rallies in Walmart, Alphabet and Valero are near their peak.

Analyst inference

Burry compared today with the 2000 dot-com peak, estimating the S&P 500 trades near 32 times earnings, similar to 2000. He said only March 2000 and the October 2026 record scored as extreme weakness on all his measures.

Analyst inference

What to watch

1. Watch whether Burry actually sells, reduces or donates Walmart, Alphabet and Valero shares, since he only said he will consider these actions. Confirmed
2. Watch for any statement on which of the 'few others like them' are on his list, which could clarify how broad his planned reductions are. Proposed
3. Watch whether Alphabet's sliding stock price continues, as Burry linked his review of holdings to that decline and it may inform his timing. Analyst inference

Evidence

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