Michael Burry Finally Unboxes His Big Reveal… Teaching You the End of the World for $379 a Year

Well, remember that special surprise Michael Burry teased for November 25th? Apparently he couldn’t contain himself (or maybe he just wanted to get this out before Thanksgiving traffic). Because after shutting down Scion Asset Management, his grand reveal is… he’s becoming a full-time financial blogger. Yes, that Michael Burry (The Big Short guy) is now running a Substack called “Cassandra Unchained.”

And naturally, it comes with a $379-a-year price tag for anyone eager to watch him take a scalpel to Nvidia and the rest of the AI parade. This is Burry in his purest state… he has no investors to appease, no compliance officer tapping his shoulder, and no more puzzles disguised as tweets. Managing outside money “muzzled” him, he says.

I have to admit the name Cassandra Unchained couldn’t fit him better. Cassandra saw the future and got ignored… a role Burry has basically turned into a personality trait. It’s his way of stepping back into the spotlight saying, “I tried warning you in 2005. Let’s see if you’re any smarter this time.”

(Source: Reuters)

And staying perfectly on brand, Burry immediately pivoted from his intro post into a mix of nostalgia and market demolition. He takes readers back to 1999, when he was writing investment essays between overnight hospital shifts. 

Then he follows it with “The Cardinal Sign of a Bubble,” a piece that draws a straight line between today’s AI frenzy and the dot-com setup… big names leading the charge, optimism running wild, and a supply glut that eventually crushed the whole thing. And to no one's surprise, Cisco’s collapse (down 75% when the bubble burst) is the cautionary tale he holds up while pointing directly at Nvidia.

In Burry-speak, the AI boom is “dot-com but with better GPUs and worse memes.” So when Powell recently said AI companies are profitable and “this time is different,” Burry practically sprinted to his keyboard. Burry even posted a timeline: Amazon in 2000 (shorted), housing in 2005 (ignored), and Powell in 2025 (unfazed). Then came the line: “I doubted if I ever should come back. I’m back.” 

Then there’s the little matter of the $1.1 billion in notional puts on Nvidia and Palantir he held before shutting Scion down. Palantir CEO Alex Karp called the trade “batshit crazy.” 

Burry fired back with “Bro couldn’t crack a 13F,” exited the positions, dissolved the hedge fund, and announced he was moving on to “much better things Nov 25th.” Apparently, “better things” meant reinventing himself as a paid-by-the-month apocalypse narrator.

But look, I’m the last person who’s gonna complain… this is the exact kind of content I live for.

At the time of publishing this article, Stocks.News holds positions in Amazon as mentioned in the article.