‘The Big Short’ Reunion: Michael Burry To Appear On Michael Lewis’ New Podcast Series Amid AI Bubble Warnings

• Michael Burry ended a nearly two-year social media hiatus in late October.
• Since returning, he has actively been sharing his concerns around artificial intelligence spending and market risks.
• The announcement of the interview followed Burry hinting that he plans to share more insights around his AI spending analysis on or before November 25.

‘The Big Short’ investor Michael Burry, renowned for his bet against the housing market, announced on Monday that he will appear on an exclusive podcast hosted by author Michael Lewis. 

The interview marks the 15th anniversary of Lewis’ book 'The Big Short' and the 10th anniversary of the film adaptation. The podcast episode will be part of a series titled ‘Against the Rules: The Big Short Companion.’ 

Burry’s announcement follows a warning about the AI boom on Sunday with a Lord of the Rings meme. “One chart to refute them all … to be continued Nov 25th, or before,” Burry wrote on X, attaching a column chart analyzing the S&P 500’s total capital expenditures over the past 35 years, adjusted for depreciation and scaled by nominal U.S. GDP. 

Since emerging from a nearly two-year social media hiatus in late October, Burry has been actively sharing his research on artificial intelligence spending and market risks over the past month. 

Burry’s PLTR Short Bet

Last week, Burry disclosed that he had bought 50,000 put options at $1.84 apiece of Palantir Technologies (PLTR). Each option represents 100 shares, meaning his total investment was $9.2 million, giving him the right to sell Palantir’s shares at $50 in 2027. PLTR’s stock is currently trading at $172.

The shares edged 0.6% lower in morning trade on Monday. On Stocktwits, retail sentiment around the company dipped to ‘bearish’ from ‘neutral’ over the past day.

Meanwhile, U.S. equities were mixed at market open. The SPDR S&P 500 ETF (SPY) was up 0.12%, the SPDR Dow Jones Industrial Average ETF (DIA) slipped 0.04%, and the Nasdaq-100 tracking Invesco QQQ Trust (QQQ) moved 0.34% higher. Retail sentiment around QQQ on Stocktwits trended in ‘bullish’ territory, accompanied by ‘high’ levels of chatter over the past day.

Read also: Bitcoin Price Struggles While Crypto Liquidations Top $500 Million – Analyst Flags Retail Pressure

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