Michael Burry to close his famous hedge fund Scion Capital

It appears that Michael Burry is looking to close his hedge fund. The famous Michael Burry from The Big Short. His account is Cassandra Unchained. Me then, me now. Oh well, it worked out. It will work out. And this letter out— sorry, it's a little blurry, but it says, with a heavy heart, I will liquidate the fund and return capital, but for a small audit and tax holdback by year end. He's looking to close and give back all capital by year end. My estimation of value in securities is not now and has not been for some time in sync with the markets. Michael Burry's been in the news though the last month or so because he put a big short on Palantir and Nvidia. And obviously you can see this is, uh, Palantir CEO talking about, you know, I don't like short sellers, and put a lot of price action on this predicting an AI bubble popping. And a little bit later announces that he's gonna close his fund by year end. Look, clarified it wasn't $912 million he spent, he spent $9.2 million on this short position. Anyway, kind of sad to see him go. He said he's going to manage his personal portfolio now He might work in other fields or whatever, but his famous Scion Capital is going to be shut down by year end and liquidate all capital. So pretty wild.