Michael Burry, The Big Short
Digest more
Hedge fund investor Michael Burry, who was played by actor Christian Bale in the 2015 film The Big Short, a film about traders who made millions from predicting the collapse of the US housing bubble in 2008, has turned his attention to AI.
In 2005, Michael Burry placed a long-term $1 billion bet against the U.S. mortgage market, which led to the 2007 global financial crisis. His investment firm, Scion Asset Management, purchased
Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
The two companies he’s shorting are the ones making all the money, which is super weird,” Alex Karp told CNBC’s “Squawk Box” on Tuesday.
Michael Burry of Scion Asset Management takes bearish positions on Nvidia and Palantir, signaling caution on AI stock valuations reminiscent of the dot-com era excesses, challenging the
Famed investor Michael Burry’s Scion Asset Management disclosed new bullish positions in Pfizer ( PFE ), Halliburton ( HAL ), Molina Healthcare ( MOH ), and Lululemon Athletica ( LULU) in its latest quarterly regulatory filing.