Who is Michael Burry?
In short
Michael Burry is an American investor and the author of the Cassandra Unchained Substack newsletter. He is currently in the news for warning that Wall Street has inflated tech earnings by 42% over the last decade and for his recent short position on Nebius.
Who they are now
Burry is a former hedge fund manager who closed Scion Asset Management in November 2025. He now operates as an independent investor and writes a newsletter called Cassandra Unchained.
Why they are in the news
People are searching for him because he has issued warnings regarding an AI bubble and is actively shorting Nebius while predicting a potential correction in tech valuations.
An example of their work
He gained fame for predicting the 2008 housing market collapse, a feat depicted in the book and film The Big Short. More recently, he has provided analysis on the ownership reviews of Fannie Mae and Freddie Mac.
Sources
- Michael Burry
- He is wrong: Big Short investor Steve Eisman hits back at Michael Burry's AI doom case but warns massive correction could still come
- Michael Burry Is Shorting Nebius. SpaceX Just Said Its AI Chips Pay for Themselves in Under a Year.
- Legendary 'Big Short' investor Michael Burry warns Wall Street has been inflating tech earnings by 42% for a decade — and you're the one paying for it