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Michael Burry, the investor famed for betting against the US housing market in “The Big Short,” is now shorting Nvidia and Palantir-two flagbearers of the AI rally. In a blistering Substack post, Burry dismissed Nvidia’s internal memo rebutting his concerns as “disingenuous on the face, and disappointing.”He accused the world’s most valuable company of deflecting…
Michael Burry, famous for predicting the 2008 crisis, has placed a $1 billion bet against Nvidia and Palantir, predeicting an AI bubble/ File Michael Burry, the investor made famous by predicting the 2008 financial crisis, is back, this time betting against two of the most prominent companies in the growing artificial intelligence (AI) sector: Nvidia…
Michael Burry’s Scion Asset Management recently placed $1.1 billion in bets against Nvidia and Palantir, managing roughly $1.38 billion total Michael Burry, the real-life investor immortalised by Christian Bale in The Big Short (2015), built his reputation on one of the most daring financial calls in modern history. Long before the 2008 financial crisis hit,…
