*Walter Bloomberg
*Walter Bloomberg|Dec 03, 2025 17:50
BURRY WARNS AI BUBBLE MAY UNRAVEL SOON Michael Burry says the AI boom could burst within two years, echoing the dot-com era when stocks peaked long before tech spending did. On Michael Lewis’s podcast, he argued that many hyped AI companies — including Palantir — are mostly doing “consulting,” making their valuations hard to justify. Burry expects a broad, drawn-out market decline because passive index funds are heavily concentrated in AI names. He advises selling overheated stocks and prefers health-care shares, which he says are “out of favor.” He also criticized Bitcoin as worthless and tied to criminal activity, calling it “the tulip bulb of our time.”(*Walter Bloomberg)
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