MICHAEL BURRY SAID: “I have little doubt the next few quarters will set still higher and higher net investment/GDP marks, possibly even eclipsing that aftermath of the 2000 tech stock peak” “When the write-offs come, perhaps in 2028 or 2029, these commitments discussed in Part IV may be so large that a relatively small write-off has a bigger impact than we can now imagine”

MICHAEL BURRY JOINS NEW SHORT-FOCUSED FUND “Big Short” investor Michael Burry is joining Minerva Investment Management as senior adviser to help launch a new short-biased fund expected within a month. Burry has recently targeted AI hyperscalers and chipmakers, criticizing aggressive depreciation practices. He currently holds bearish positions on Nvidia and Palantir, bringing his growing AI skepticism directly into the new fund’s strategy.

Michael Burry Scorecard: $LULU long: bleeding at ~$99.5 $NVDA: near ATHs, he ditched the puts $CRWV: record revenue guide, short trimmed $PLTR: ripped ~35% off August lows, dumped those puts too He's cutting risk everywhere. And $MU is about to wreck him.

Michael Burry just said he is covering some of his shorts and reducing the size of his bearish bets on $NVDA and $CRWV. That comes as CoreWeave signs A100 contracts through 2029 which directly challenges idea that older GPUs lose their value as quickly as the bear case assumed.