Burry

Warren Buffett sits on $400 bn cash as Michael Burry warns of AI bubble. Is a massive market crash coming?

Austin Imoru5 months ago04 mins

While Wall Street continues to hit lifetime highs as artificial intelligence stocks rally, legendary investor Warren Buffett’s Berkshire Hathaway is sitting on nearly $400 billion in cash, while Michael Burry — best known for correctly predicting the 2008 housing crisis — continues to sound the alarm over a possible AI bubble. Berkshire Hathaway recently reported…

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‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.

Austin Imoru2 years ago03 mins

Famed “Big Short” investor Michael Burry is benefiting from the recent surge in Chinese stocks. Burry’s Scion Asset Management has nearly half of its portfolio invested in Chinese tech giants like Alibaba. China’s recent stimulus measures, including interest-rate cuts, have sparked a surge in stock gains. The surge in Chinese stocks this week should be…

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Warren Buffett sits on $400 bn cash as Michael Burry warns of AI bubble. Is a massive market crash coming?

‘Big Short’ investor Michael Burry bet half of his portfolio on Chinese stocks. It’s finally starting to pay off.