Investor and Big Short pioneer Michael Burry is speaking out against a potential market bubble, citing excessive speculation in the tech sector. He recently posted a cryptic warning on social media, suggesting that he’s staying out of the market due to uncertainty about how to profit.
Burry’s caution comes as the technology sector continues to soar, with Nvidia’s market capitalization surpassing $5 trillion. The AI-driven boom has sparked debate among experts, with some warning of an impending bubble and others touting strong revenues and cash flows.
Meanwhile, Burry’s investment firm Scion Asset Management has shifted its stance from bearishness to a more balanced approach. Its holdings now include bets against Alibaba, JD.com, and Nvidia, as well as shares in Estée Lauder, Lululemon, and VF Corp.
Investors can track the performance of these stocks using TipRanks’ Stock Comparison Tool.
Source: https://www.tipranks.com/news/michael-burry-issues-bubble-warning-after-two-year-hiatus-is-he-shorting-the-market