Dr. Michael Burry of “The Big Short” fame shocked many, enraged some, and intrigued everyone when he pulled the curtain on Scion Asset Management’s latest moves. Undoubtedly, the big story was the $1 billion bet against Palantir (NASDAQ:PLTR) and Nvidia (NASDAQ:NVDA),

Michael Burry boosted his positions in apparel, healthcare, and scientific stocks, while trimming major holdings, showing a cautious yet opportunistic stance in Q3.

The Bank of England sent out a warning message prior to Michael Burry's suggestion that the 'bubble' around artificial intelligence will burst. You may recognise the depiction of

In 2005, Michael Burry placed a long-term $1 billion bet against the U.S. mortgage market, which led to the 2007 global financial crisis. His investment firm, Scion Asset Management, purchased

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.

Michael Burry of "The Big Short" Fame and Warren Buffett Have Piled Into This Dirt Cheap but Troubled Stock. Should You Follow? Top investors Michael Burry and Warren Buffett aren’t known for following the crowd.

Scion Asset Management has disclosed that, as recently as September 30, it was betting big on the decline of AI-fuelled titans like Nvidia and Palantir.