Detailed view for this entity.
“Now, just recently, Michael Burry put out a comment that said that Palantir would die out basically because of Anthropic.”
“Michael Bur is the guy that called the great financial crisis the big short.”
“Look at Michael Bur. He was buying GameStop years ago before the whole hype happened because he's like, "This is an undervalued business."”
“So second to last investor who is actively betting against the AI space. So investor number two is Michael Bur.”
“He ultimately ended up profiting over $700 million for his investors and over $100 million personally off that one trade.”
“Michael Bur actually shut down his fund, Scion Asset Management, back at the end of 2025.”
“it is clear that he sees the AI market as existing in a bubble today.”
“it is clear that he sees the AI market as existing in a bubble today. And he even said in his final letter to investors, 'My estimation of value in securities is not now and has not been for some time in sync with the markets.'”
“I think that's the reason why Michael Bur's betting against it is that it's so tough and there's a good chance the valuation contracts.”