"The Big Short" Michael Burry increases short positions on AI stocks such as Nvidia and Palantir
BlockBeats News, on May 10, the "Big Short" Michael Burry stated in his recent blog that he has increased his short positions in AI-related stocks such as NVIDIA and Palantir. Regarding Palantir, he believes the company is worth at most $46-50, and he questioned its business model.
Michael Burry also holds a significant amount of put options against NVDA, SOXX, QQQ, and ORCL, expiring in 2027, with total short positions accounting for approximately 9.5% of his investment portfolio.
It is noteworthy that since Q3 last year, Michael Burry has already held large AI short positions. Historically, he has suffered losses from acting too early on several occasions (for example, being squeezed before the 2008 crisis).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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