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🧊🙏🏿 @Essence Jan/Feb 2021 Issue
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🚨 Michael Burry just opened new SHORT positions in $CRWV, $MU, $PLTR, and $SOXX. He said that AI spending is essentially circular financing with bubble risks like high infrastructure costs But let's take a look at ALL his major market predictions since 2008: 2005: Predicted the collapse of the subprime mortgage market. → Housing crashed in 2008. → S&P 500 fell ~45% ✅ Dec 2015: Predicted the stock market would crash within months. → S&P 500 rose 11% over the next 12 months ❌ May 2017: Predicted a global financial meltdown. → S&P 500 rose 19% over the next 12 months ❌ Sep 2019: Warned index ETFs had created a stock market bubble. → S&P 500 rose 15% over the next 12 months ❌ Mar 2020: Revealed a massive bearish bet. → S&P 500 rose 72% over the next 12 months ❌ Feb 2021: Warned of a speculative bubble and shorted Tesla. → S&P 500 rose 16% over the next 12 months ❌ Sep 2022: Said more failures were coming and the bottom was not in. → S&P 500 rose 21% over the next 12 months ❌ Jan 2023: Predicted a recession and another inflation wave. Posted one word: “SELL.” → S&P 500 rose 25% over the next 12 months ❌ May 2026: Said the stock market was “minutes” away from a “bloody” crash. → S&P 500 rose 7.6% over the next 3 months ❌ Michael Burry has now predicted 8 of the last 1 market crashes.
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