Michael Burry says the seemingly unassailable positivity around AI reminds him of the dot-com and housing bubbles — and warns the mania could have far more devastating consequences than Enron’s collapse. A subscriber to Burry’s Substack told him in a chat thread this week that it felt like “we are witnessing a massive coordinated effort
Michael Burry took a swipe at some of the dot-com boom’s biggest winners, prompting a cheeky response from Mark Cuban. The investor of “The Big Short” fame argued on X that stock prices became detached from fundamentals between the 1998 collapse of Long-Term Capital Management and the dot-com crash in March 2000. “Complete idiots made
