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Michael Burry is not a believer: 'For any stocks going parabolic reduce positions almost entirely'
Michael Burry said investors should "reject greed" as enthusiasm around artificial intelligence and momentum-driven trades pushes valuations sharply higher.
Raccontata da
cnbc.com
Timeline cronologica
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Michael Burry says the market today feels like 'the last months of the 1999-2000 bubble'
"Stocks are not up or down because of jobs or consumer sentiment," Burry wrote. "Feeling like the last months of the 1999-2000 bubble."
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Michael Burry is not a believer: 'For any stocks going parabolic reduce positions almost entirely'
Michael Burry said investors should "reject greed" as enthusiasm around artificial intelligence and momentum-driven trades pushes valuations sharply higher.