Michael Burry of ‘The Big Short’ is back with 2 massive bets
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Michael Burry, who shorted the housing market in 2008, has bet over $1 billion that the shares of AI companies Nvidia and Palantir will fall.
Big Short investor Michael Burry makes significant short bets against Nvidia and Palantir, forecasting potential corrections in the AI market, while reallocating investments into Pfizer and Halliburton.
Short selling rarely thrives in a bull market, especially one this undeterred. Still, some executives lash out at investors who bet against them, like Palantir CEO Alex Karp, who called investor Michael Burry "bats**t crazy" on CNBC for shorting his stock.