Michael Burry: the market today feels like 'last months of the 1999-2000 bubble'(cnbc.com)
cnbc.com
Michael Burry: the market today feels like 'last months of the 1999-2000 bubble'
https://www.cnbc.com/2026/05/08/michael-burry-says-the-market-today-feels-like-the-last-months-of-the-1999-2000-bubble.html
4 comments
If the news about his investing over the last several years is true, he's been shorting a bull market for 4 years now. It better go bust or he will.
"“Absolutely non-stop AI. Nobody is talking about anything else all day,” Burry wrote Friday in a Substack post after listening to financial television and radio coverage during a long drive."
Was 2
Here's the scenario I see: SpaceX, OpenAI and such go public; AI and tech stocks prices rise to unbelievable heights; We see news stories about someone getting close to becoming a 2x trillionaire; inflation rises; fed raises rates; stocks begin to fall; people panic sell and crash the market.