Your Financial Plan vs. Michael Burry’s Prediction

Fast forward to today's time. Michael Burry ran a hedge fund called Scion Asset Management up until November of last year, burdened by the restrictions that he had where he could not speak his mind, where he could not say what he thought about the markets. He dissolved the fund and gave the shareholders, the investors of that hedge fund, back their capital in November of last year. so that he could start this Substack. Substack is a social media platform, subscription-based, where people can go in community and talk their minds. Since the day Burry launched his Substack, the broad market has surged, not tanked. Surged, I say. His core thesis on his Substack and what he wanted to speak his mind on, that where he was burdened by regulations on what he could say, was that AI and mega-cap were in a tech bubble.