“I am not retired,” Burry wrote on Substack, adding that the blog titled Cassandra Unchained had his “full attention.”The newsletter currently has over 21,000 subscribers and costs $39 per month. He hinted at a publication schedule of generally one or more pieces most weeks.
In his post titled “Foundations: My 1999 (and part of 2000),” Burry discusses his early interests and how he started trading.
He compares the recent AI boom to the dot-com era of the 1990s in another article titled “The Cardinal Sign of a Bubble: Supply-Side Gluttony.” The investor said he would continue to write about his findings in upcoming posts. “The five public riders of the current AI boom – Microsoft, Google, Meta, Amazon and Oracle – are joined by several young startups promising nearly $3 trillion in spending on AI infrastructure over the next three years. Investors are absolutely loving it,” he wrote. “And once again Cisco is at the center of it all, with the picks and shovels for everyone and the expansive vision that comes with it. The name is Nvidia.”
Burry recently ramped up criticism of tech heavyweights including Nvidia and Palantir Technologies, questioning the cloud infrastructure boom and accusing major providers of using aggressive accounting to boost profits from their massive hardware investments.
Earlier this month, Burry closed Scion Asset Management and returned capital to investors.
He said managing money professionally came with regulatory and compliance restrictions that “effectively muzzled” his ability to communicate, leading to misunderstandings surrounding his SEC filings that sparked market turmoil and heated debates he never intended.
Burry did not immediately respond to a Reuters request for comment.
Burry’s shorting of subprime mortgages during the housing market crash was chronicled in Michael Lewis’ book “The Big Short” and its film adaptation.
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