Michael Burry just started a massive group chat on Substack, and it’s as chaotic as you’d expect
Michael Burry, the renowned investor known for his pivotal role in predicting the 2008 financial crisis as depicted in “The Big Short,” has recently launched a group chat on Substack, inviting his paid subscribers to engage in discussions. This innovative move comes as Burry transitions from managing a hedge fund to sharing his insights through his Substack publication, “Cassandra Unchained,” which has already attracted over 97,000 subscribers since its inception just days ago. The group chat is intended to serve as a dynamic conversation space where subscribers can interact with Burry, ask questions, and share their thoughts, making it a lively hub for discussions on finance and investment strategies.
The inaugural chat quickly became a whirlwind of activity, with subscribers flooding the space with jokes, memes, and a plethora of questions directed at Burry. One early comment humorously suggested that Burry had “broken Substack,” reflecting the overwhelming response from his audience. Among the discussions, many subscribers poked fun at Burry’s recent financial moves, including his bearish positions on stocks like Nvidia and Palantir, while others expressed concerns about the potential chaos of the chat format. The atmosphere was both light-hearted and inquisitive, with questions ranging from predictions about the next chair of the Federal Reserve to investment strategies for older individuals preparing for a market downturn. This blend of humor and serious inquiry underscores Burry’s unique ability to engage his audience while sharing his market insights.
Burry’s return to the spotlight has been marked by a series of cautionary statements about the current financial landscape, including warnings about an impending AI bubble. After a two-year hiatus from social media, he resurfaced on X (formerly Twitter) in late October, where he quickly garnered attention for his critical views on major tech companies and the broader market. His reputation as a contrarian investor, coupled with his engaging online presence, has fueled interest in his Substack, making it a must-follow for those keen on understanding the complexities of today’s financial markets. As Burry continues to share his expertise and engage with his audience, his Substack chat promises to be a captivating space for both seasoned investors and those new to the world of finance.
Michael Burry’s Substack group chat is about as chaotic as you might expect.
Andrew Toth/FilmMagic; Jim Spellman/WireImage; Astrid Stawiarz/Getty Images; Rebecca Zisser BI
Michael Burry just started a group chat open to all of his paid subscribers on Substack.
The chat quickly filled with jokes, memes, videos, and questions for Burry.
The investor of “The Big Short” fame has pivoted from running a hedge fund to writing online.
Michael Burry
‘s group chat is going off.
The investor of “The Big Short” fame invited all of his paid subscribers to a group chat on Friday, and it quickly led to hundreds of replies ranging from memes to questions for Burry.
This month, Burry pivoted from running a hedge fund to
publishing a Substack
named “Cassandra Unchained.” It has amassed more than 97,000 subscribers since it launched on Sunday.
“This is a conversation space exclusively for paid subscribers—kind of like a group chat or live hangout,” reads Burry’s
introductory post
. “I plan to post updates that come my way, and you can jump into the discussion.”
The first reply on the chat reads: “I think Dr. Burry just broke Substack.”
Another early response jokes about Burry’s disclosure this week that he
owns bearish put options
on Nvidia and Palantir stock: “I think Dr Burry is going to make more money from Substack than his NVDA and pltr puts 🤣”
A third poked fun at a potential spike in traffic to Substack. “Someone pray for substacks backend engineers.”
“It’s gonna be legendburry!!” one subscriber wrote, while another noted: “This chat is gonna be nuts.”
“Bro don’t allow anyone to start threads. This a spam fest,” one concerned poster added.
A screenshot of Michael Burry’s Substack chat.
Michael Burry/Substack
Other subscribers rushed to post memes, videos, and even photos of Black Friday crowds. The questions to Burry ranged from who the next chair of the Federal Reserve might be, to how an 80-year-old should invest to prepare for a crash, to how the dollar stacks up against other currencies.
Burry
resurfaced on X
in late October after more than two years of silence, and has wasted no time issuing numerous warnings of an AI bubble and taking aim at key players such as Nvidia and Palantir.
The investor, who has 1.6 million X followers, is best known for
predicting and profiting from
the collapse of the US housing bubble that triggered a global financial crisis, and for issuing dire pronouncements of crashes and recessions.
He became famous in financial circles after his bet against the subprime mortgage market was featured in author Michael Lewis’ book “The Big Short,” and actor Christian Bale played him in the movie adaptation.
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