Burry Reveals NVIDIA and Palantir Puts
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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
At 54, Burry remains one of modern finance’s great contradictions: an investor who distrusts markets but cannot stop diagnosing them.
Michael Burry placed a $1.1billion bet that heavy hitter artificial intelligence companies Nvidia and Palantir will see a fall in their their share values.
Among the folks we meet in the film is Michael Burry, the head of Scion Capital played by Christian Bale. Recently the real Michael Burry has made a bet against the AI market by shorting it. Specifically, Burry has taken put options on Nvidia and Palantir Technologies, two of the bigger players in the US tech ecosystem.