Ten years after finding fame in Hollywood, Michael Burry is rediscovering his taste for drama. The celebrated investor, whose $1bn (£760m) bet against the US housing bubble was portrayed in the film The Big Short, has identified a new target: artificial intelligence (AI) stocks. To set tongues wagging further, he recently wound up his $1.bn hedge fund Scion Asset Management, meaning it will no longer have to submit regular public filings. He said the decision was because he is no longer “in sync” with volatile markets, but others said it would enable him to open a family office and make bigger bets away from wider scrutiny. “On to much better things Nov 25th,” he wrote in a cryptic message on X.

Source: The Times November 14, 2025 13:25 UTC