Michael Burry Warns of AI Bubble: ‘Lord of the Rings’ Meme Alert

Michael Burry Warns of AI Bubble: ‘Lord of the Rings’ Meme Alert

November 17, 2025 Victoria Sterling -Business Editor Business

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Michael Burry, known for his prescient⁢ bets against the⁤ 2008 housing market (and featured in “The‍ Big‌ Short”), is stepping back from‌ managing his hedge fund, Scion. He’s recently:

* ​ Taken short positions against Nvidia and Palantir.
* Publicly clashed with Palantir CEO Alex Karp.
* Ended his hedge‍ fund’s SEC registration, stating he’s ⁤”unchained”⁢ and⁢ pursuing “better ‍things.”
* Is ⁢deeply⁣ involved in ⁣AI‌ research, expressing confidence he’ll be proven right in⁤ his current analysis.

He shared a photo ‍from “The Big Short” suggesting ‌he’s currently immersed in research,​ similar to how he was ‍during the 2008 crisis.He’s also scheduled to​ appear on a podcast⁢ with Michael Lewis‌ to discuss the anniversary of the book⁣ and movie.