BURRY: CUT TECH EXPOSURE AMID BUBBLE FEARS
Michael Burry warns markets are showing bubble-like signs driven by AI hype and momentum trading, urging investors to reduce tech stock exposure and “reject greed.”
He advises raising cash and avoiding aggressive bets like shorting, which he says is too risky and costly for most investors.
Burry, known for predicting the 2008 crash, says current conditions resemble the late 1999–2000 dot-com bubble and sees tech valuations as stretched.
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