Michael Burry, The Big Short
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Scion Asset Management has disclosed that, as recently as September 30, it was betting big on the decline of AI-fuelled titans like Nvidia and Palantir.
Among the folks we meet in the film is Michael Burry, the head of Scion Capital played by Christian Bale. Recently the real Michael Burry has made a bet against the AI market by shorting it. Specifically, Burry has taken put options on Nvidia and Palantir Technologies, two of the bigger players in the US tech ecosystem.