"The Big Short" prototype Michael Burry's attitude reversed? Using "bubble theory" to subtly warn against market frenzy.

Michael Burry, the "Big Short" who gained fame for shorting the US real estate market, appears to have issued a subtle warning to individual investors about market enthusiasm. The Hollywood film "The Big Short" was based on him, and he recently posted on social media saying, "Sometimes we see bubbles, sometimes we can't 'hold the tide', sometimes only by staying out can we be winners." As more and more people question the financial stability of the AI boom, Burry's post on X platform comes at a time when this frenzy has led to a surge in the stock prices of a relatively small number of tech companies. For example, NVIDIA Corporation became the first company to surpass a market value of $5 trillion this week. Its market value currently accounts for nearly one-tenth of the total market value of the S&P 500 index, and exceeds the Gross Domestic Products of India, Japan, and Germany. The hedge fund manager is known for his forewarning statements about the market and economy. His post did not specify which "bubbles" he was referring to. It is worth noting that Burry's comments seem to be in contrast to the second-quarter holdings report released by his Scion Asset Management company, which sold the most puts on NVIDIA Corporation (NVDA.US, PUT) in the second quarter and bought calls on Meta (META.US, CALL).