'The Big Short' Investor Michael Burry Holds His Ground on Nvidia, Tesla and Other Shorts— Warns Of 1987-Style Crash: 'It Is Possible We Are Near...'
Michael Burry warns of a 1987-style crash, keeps bearish bets on Nvidia, Tesla and AI stocks despite record S&P 500 highs.
A famous investor who made money from the 2008 crash is betting that some popular tech stocks will go down, and he's warning that the whole market might drop suddenly like it did in 1987. When smart investors make big bets against stocks, it's worth noticing what they're worried about—even if they turn out to be wrong.
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