Michael

How Michael Dell’s Fortune Started With ,000

Michael and Susan Dell are pledging to invest billions of dollars into “Trump accounts,” which will also receive a $1,000 seed from the federal government.For Dell, $1,000 has a special resonance.It’s the same amount of money that he initially invested in his company, Dell Technologies, as a student at the…

Michael Burry Says Tesla Is ‘Ridiculously Overvalued’

Michael Burry is taking on a who’s who of the world’s biggest tech giants — and now he’s picking a fight with Elon Musk.The investor of “The Big Short” fame called Tesla “ridiculously overvalued” in a post on his Substack released late Sunday evening, after previously disclosing bets against Nvidia…

‘Big Short’ Michael Burry Reveals 4 Stock Picks: Lululemon, Fannie Mae

Michael Burry has broken free from the shackles of financial regulation — and he’s making the most of his newfound liberty by sharing his favorite stocks.The prescient investor of “The Big Short” fame closed his hedge fund to outside cash this month, saying he felt “muzzled” by SEC rules and…

Why “Big Short” Michael Burry, Other Investors Find Writing so Helpful

Warren Buffett composes letters. Ray Dalio drafts essays. Howard Marks pens memos. As of Sunday, Michael Burry writes a newsletter.The money manager of “The Big Short” fame is shuttering his hedge fund to focus on publishing a Substack titled “Cassandra Unchained,” squarely aimed for now at calling out AI mania…

‘Big Short’ Michael Burry Launches Blog, Takes Aim at Nvidia, AI Boom

Michael Burry of “The Big Short” fame has pivoted from investing to writing, launching a paywalled Substack called “Cassandra Unchained.”The blog is now Burry’s “sole focus” and promises a “front row seat to his analytical efforts and projections for stocks, markets, and bubbles, often with an eye to history and…

‘Big Short’ Michael Burry Takes Aim at Nvidia After Earnings Blowout

Michael Burry has continued his crusade against Nvidia and the broader AI boom, even after the chipmaker’s bosses reported blowout earnings and responded to two of his chief concerns.Nvidia told investors not to worryNvidia’s record revenue and profit last quarter, and its bullish fourth-quarter growth forecast, sent its stock up…