Alas! The key is who can stay out of it? Life is fleeting in these few years, and if you don't fight, you'll only die poor.
"The Big Short" Michael Burry: The market may see bubbles, and staying out is the winner.
On October 31, Michael Burry, the prototype of the protagonist in the film "The Big Short," seems to have issued a subtle warning to retail investors about market frenzy. He posted on social media: "Sometimes we see bubbles, sometimes we can 'turn the tide,' and sometimes staying out is the way to win." As he posted this, more and more people are questioning the financial soundness of the AI boom.
For instance, Nvidia became the first company this week to exceed a market value of $5 trillion. Its market value currently accounts for nearly one-tenth of the total market value of the S&P 500 index, surpassing the GDPs of India, Japan, and Germany. Michael Burry is known for his warnings about the market and the economy, but his post this time did not explicitly point to what kind of bubble it is. $SOL
