Michael Burry Saw It Before Anyone Else — Then Estée Lauder's Story Took A Dramatic Turn
1. EL stock jumped over 10% after Leonard Lauder's death. 2. Michael Burry doubled his stake in EL to 200,000 shares. 3. Burry's investment aligns with trends in cosmetic sales during recessions. 4. Leonard Lauder greatly influenced EL's growth into a global brand. 5. Shares closed at $74.79, up 0.27% on Tuesday.