Does Michael Burry of “The Big Short” Fame Know Something Wall Street Doesn’t? He Just Made a Billion-Dollar Bet Against 2 Companies Driving the AI Boom. – The Motley Fool
Burry doesn’t mind going against the crowd. Michael Burry has proven his ability to identify a bubble. Back in the early 2000s, the hedge fund manager considered trends in the U.S. housing market unsustainable — and decided to short this market, betting on a decline. Amid the subprime mortgage crisis that unfolded, he collected more…
