Billionaire Michael Burry Sends Investors a $1 Billion Warning About the AI Boom. History Says the Stock Market Will Do This Next. – The Motley Fool
Hedge fund billionaire Michael Burry recently made a billion-dollar bet against Palantir and Nvidia, two of the most popular artificial intelligence (AI) stocks. Hedge fund manager Michael Burry made a billion-dollar bet against subprime mortgage-backed securities during the housing bubble that contributed to the financial crisis in 2008. He persuaded several major banks to create…
