Michael Burry of "The Big Short" is back with his first bubble warning in 2 years
Briefly

Michael Burry of "The Big Short" is back with his first bubble warning in 2 years
""Sometimes, we see bubbles," he wrote. "Sometimes, there is something to do about it. Sometimes, the only winning move is not to play." That's a reference to the 1983 movie "WarGames," in which an AI runs thousands of simulations of nuclear exchanges between the US and Soviet Union and discovers they all end in mutual destruction. "A strange game," the supercomputer says. "The only winning move is not to play.""
"Burry updated his profile name to "Cassandra Unchained," referring to the priestess in Greek mythology who was cursed to make accurate prophecies but never to be believed. He also changed his bio to read: "One ready to share what I know." Echoing his return to the social media platform in November 2021, Burry once again changed his header image to "Satire of Tulip Mania," a painting by Jan Brueg"
Michael Burry returned to X after a long absence and posted a still from the movie depicting disbelief, accompanied by the line that sometimes the only winning move is not to play. He invoked WarGames to emphasize simulations that end in mutual destruction and used the quote to signal concern about market excess. Burry's pinned post indicates he sees unsustainable speculation and plans to steer clear of the AI boom rather than bet for or against it. Nvidia's massive rally has helped push major indexes to records. Burry updated his profile to "Cassandra Unchained," changed his bio, and altered his header image to a tulip-mania satire.
Read at Business Insider
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