America’s biggest investor Michael Burry, who is known for predicting the popular 2008 housing crash and portrayed in The Big Short, has now issued a stark warning about US stocks. According to a report by Business Insider, in his latest Substack post, Burry said he sees the risk of a rapid unwind driven by automated volatility-focused investment funds, which could unleash “carnage” across the market.

America’s biggest investor Michael Burry, who is known for predicting the popular 2008 housing crash and portrayed in The Big Short, has now issued a stark warning about US…

"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.