To The Moon

Michael Burry’s current ledger is a sea of red, but he’s still drawing a crowd. The man who earned immortality by shorting the American housing market is currently taking a beating on two fronts: a agonizing, falling-knife long bet on Lululemon and an aggressive crusade against the AI complex. The burning question across Wall Street isn't just whether Burry is wrong—it’s whether he’s finally realized that running a paid newsletter is vastly superior to wrestling a market that refuses to bend to reality. Late last year, Burry pulled the plug on Scion Asset Management, returning outside capital and citing a fundamental disconnect with market pricing, alongside the stifling straightjacket of SEC disclosures. In its place, he launched Cassandra Unchained on Substack. Charging hundreds of dolla

Michael Burry’s current ledger is a sea of red, but he’s still drawing a crowd. The man who earned immortality by shorting the American housing market is currently taking a beating on two fronts: a agonizing, falling-knife long bet on Lululemon and an aggressive crusade against the AI complex. The burning question across Wall Street isn't just whether Burry is wrong—it’s whether he’s finally realized that running a paid newsletter is vastly superior to wrestling a market that refuses to bend to reality. Late last year, Burry pulled the plug on Scion Asset Management, returning outside capital and citing a fundamental disconnect with market pricing, alongside the stifling straightjacket of SEC disclosures. In its place, he launched Cassandra Unchained on Substack. Charging hundreds of dolla