@magofoco
"The market can stay irrational longer than you can stay solvent." 💸ðŸ§
Michael Burry’s Scion Asset Management is returning outside capital. The end of an Era.
He recently shorted major AI firms like NVIDIA and Palantir, calling their revenues a bluff, but got quickly proven wrong as the market turned green.
Many are talking about a gigantic AI bubble and the circular deals between major AI companies: OpenAI, NVIDIA, Oracle.
Shorting a bubble is hard; timing it is almost impossible.
Maybe was early.
Maybe investors don’t see the bubble yet.
Time will tell.
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