Burry’s Massive Short! 80% Bet Against NVDA & PLTR (Patreon)

Yeah he is a perma bear

Yeah he has been wrong 80% of the time since the GFC

His longs collapsed massively this year - old positions including Bruker, Lululemon, SLM and Molina Healthcare.

His SHORTS are interesting for two main reasons: it consisted entirely of options, and the puts were placed on Palantir and Nvidia, the companies most synonymous with the current AI boom. Burry’s Palantir puts carried a notional value of $912 million (about 5 million shares), while his Nvidia puts represented $186 million — sizable bets relative to his fund’s assets which has been shriking for over a decade.

FYI I am long NVDA and zero pos in PLTR.

NVDA is cheap for what it is, I would not go short.

PLTR kinda makes sense at this level.... POE 692 and a fair value of $32 - but do not jump in front of the AI train