Jim Tomik

[Jim Tomik @JimTomik]

https://t.co/mOgsESa1YH
Scott Pelley (formerly 60 min) may be stupid, but he does care about our country. “There can be no demacracy without journalism” (freedom of the press matters)!

[Jim Tomik @JimTomik]

Check out this article from MarketWatch - Looking to buy into the SpaceX IPO? This scary chart might make you think twice.🤔
https://t.co/VjzT1Su6Qv

[Jim Tomik @JimTomik]

@chefjoseandres @REALMESAPetFood She needs a white kitty to name salt!

[JPMI | Japan Physical Metals Index @JPMI_index]

@intlmandotcom

[Doug Casey's International Man @intlmandotcom]

Full article here:

The Iran War Is Accelerating the US Debt Spiral—and Creating an Inflation Crisis

https://t.co/XqS0YRb14l

[Jim Tomik @JimTomik]

Check out this article from MarketWatch - No do-overs: How one extra dollar on your Roth conversion triggers a tax bill you won’t see coming
https://t.co/EdTs1I2rC5

[Carolyn McClanahan @CarolynMcC]

Criminal.

[Jim Tomik @JimTomik]

She EXPOSES His Shady Tactics https://t.co/kdM4ktFP87 via @YouTube

[Chef José Andrés 🕊️🥘🍳 @chefjoseandres]

A country having to fight to bring their children back…😔

[Jim Tomik @JimTomik]

Check out this article from MarketWatch - Trump’s ‘not a huge fan’ of raiding your 401(k) to buy a home
https://t.co/aFhP3xmIYD

[Bloomberg Live @BloombergLive]

Citadel’s Ken Griffin said heavy selling of Japanese government bonds this week should serve as an “explicit warning” to US politicians to improve the nation’s finances. “The bond vigilantes can come out and extract their price,” Griffin told @BloombergTV at the #WEF26 in Davos #BloombergHouse https://t.co/E8XTSLYKJN

[Jim Tomik @JimTomik]

What We’ve Learned From 150 Years of Stock Market Crashes -Though they varied in length and severity, the market always recovered and went on to new highs.

[Jim Tomik @JimTomik]

What percent of your nest egg can you spend in retirement? 3-7%?
https://t.co/RUrfbWkx37

[Shanaka Anslem Perera ⚡ @shanaka86]

THE RECKONING

Michael Burry just bet $1.1 billion that the AI revolution is a lie.

Not the technology. The valuation.

Eighty percent of his entire portfolio now sits in put options against Nvidia and Palantir … the twin gods of the machine age. This is not hedging. This is conviction. The same conviction that made him $700 million when he shorted the housing bubble while the world called him insane.

Burry sees it again. The same fever. The same math that doesn’t work.

Nvidia trades at 54 times earnings. Historical baseline: 20. Palantir at 449 times. These are numbers that require perfection forever. Numbers that have never survived reality.

In 1999, tech stocks drove 80% of market gains before surrendering 78% in the crash. Today, AI commands 75% of S&P 500 returns. The script hasn’t changed. Only the costume.

Global AI spending has exploded to $200 billion annually … up 120% … yet productivity gains crawl below 20%. We are building cathedrals before we’ve proven the god exists. Fifty-four percent of fund managers now call this a bubble. Not pessimists. The people managing the money.

The energy math alone is apocalyptic. AI will consume 1% of global electricity by 2027. That’s $100 billion in costs against $200 billion in spending … before a single dollar of proven return.

Michael Burry isn’t betting against artificial intelligence. He’s betting against human nature … our willingness to mistake momentum for permanence, narrative for numbers, revolution for immunity from gravity.

Every transformative technology reaches this moment: where promise becomes price, where believers stop calculating and start crusading. Electricity was real. The market crash of 1929 was real. Both were true.

Palantir’s CEO calls Burry’s position “batshit crazy.” Of course he does. When you’re the priest, the skeptic is always the heretic. But Burry has already been the heretic once. He bought credit default swaps when Wall Street laughed. He walked out with generational wealth when Wall Street walked out with nothing.

This is $5 trillion in AI market value balanced on one assumption: that exponential curves never flatten, that competition never arrives, that margins never compress, that reversion to the mean died with the old economy.

It didn’t.

If Q4 earnings crack, if Nvidia’s 75% margins slip, if adoption stalls or chips supplies fracture … the unwind will reshape markets for a generation. Not because AI fails. Because math finally matters again.

Burry may be early. He usually is. But early and wrong are separated only by time.

And time has never lost.

The machine gods will endure. The question is whether their disciples will survive the fall.

Watch the margins. Watch the energy. Watch what happens when faith collides with physics.

History doesn’t repeat. But it rhymes.

And this verse sounds disturbingly familiar.

[Jim Tomik @JimTomik]

@CarolynMcC Thank you for discussing this topic with me at the MStar conference. I appreciate your expertise!

[Carolyn McClanahan @CarolynMcC]

Been going on forever and only getting worse:
Brokers, Agents Incentivized To Push Medicare Advantage Plans That Hurt Clients, Urban Institute Claims https://t.co/K3LCrf2NXv

[Jim Tomik @JimTomik]

@christine_benz He will be missed.

[Jim Tomik @JimTomik]

@ElonMuskNews47 I hate to answer a question with a question almost as much as stating the obvious. What do you think Elon?🤣 Appreciate all you do!

[Jim Tomik @JimTomik]

@wesbury Do you pay for AI personally like ChatGPT, GROK, or something else? I see a paid level of access in my near future, and it will be worth every cent just like I feel about Grammarly!

[Jim Tomik @JimTomik]

@BobStein_FT As you Ivy League graduates like to say, along with some economists I know, Correlation is NOT Causation.