Michael Burry Liquidates Hedge Fund
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Retail investors have typically hated short-sellers. Michael Burry's bets against Palantir and Nvidia have seemingly never made him more popular.
Nearly two decades after he became a Wall Street legend for predicting the 2008 housing crash, investor Michael Burry once again came out of the shadows with his bold bets against AI darlings Nvidia ( NVDA) and Palantir ( PLTR ).
Michael Burry, the hedge-fund manager of “The Big Short” fame who is betting against two of the stock market’s favorite AI plays, is back with a new criticism of valuations in the sector.
Investor Michael Burry sought to clarify certain misconceptions about his latest options bet against Palantir Technologies Inc. (NASDAQ: PLTR), after details of the position were widely misinterpreted in media reports.
Michael Burry exits markets after a $9.2M short bet targeting Palantir and the AI sector, citing inflated valuations.
Extraordinarily dedicated FT Alphaville fans will recognise Phil Clifton (who Burry calls “a tremendous young talent in the field of investment — and the most prodigious thinker I have ever encountered”) as…
First, many experts have admitted that AI is a bubble, but as a consolation, we get the opinion that it is different from the dot-com bubble, or, in the case of a former Intel CEO Pat Gelsinger, that it will take years to burst.
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Michael Burry Warned That the AI Bubble Is About to Burst. If You Agree, Use Options to Bet Against These 2 Stocks.
Michael Burry revealed put positions on Nvidia and Palantir in Q3. Here are two other stocks worth bearish bets here.
Michael Burry's short of the U.S housing market is depicted in the 2015 film, The Big Short, along with the 2010 novel written by Michael Lewis, The Big Short: Inside the Doomsday Machine. This is how Burry came to be known as Wall Street's "Big Short" investor.