Michael Burry, The Big Short and NVIDIA
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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
Michael Burry of "The Big Short" Fame and Warren Buffett Have Piled Into This Dirt Cheap but Troubled Stock. Should You Follow? Top investors Michael Burry and Warren Buffett aren’t known for following the crowd.
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One of The Short Sellers Who Predicted The 2008 Housing Crisis Now Looks to Be Betting Against AI
Michael Burry, an investor made famous by his bets against the U.S. housing market before the 2008-2009 crash who was portrayed by Christian Bale in 2015's The Big Short, appears to have a new short target: the artificial intelligence industry.
Dr. Michael Burry of “The Big Short” fame shocked many, enraged some, and intrigued everyone when he pulled the curtain on Scion Asset Management’s latest moves. Undoubtedly, the big story was the $1 billion bet against Palantir (NASDAQ:PLTR) and Nvidia (NASDAQ:NVDA),
Michael Burry boosted his positions in apparel, healthcare, and scientific stocks, while trimming major holdings, showing a cautious yet opportunistic stance in Q3.
A new regulatory filing shows that billionaire investor Michael Burry's hedge fund Scion Asset Management purchased five million put options on Palantir Technologies, Inc. (NASDAQ:PLTR) and one million put options on NVIDIA Corp.
Michael Burry calls the AI boom a repeat of the 2000 dot-com bust, revealing $1B in bearish bets against Nvidia and Palantir.