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Oleksandr Pylypenko

Legendary Investor Michael Burry Is Shrugging Off the Software Apocalypse (Sort of) and Buying Salesforce Stock. Should You?

Salesforce Michael Burry CRM Anthropic Christian Bale United States Agentforce Substack

Software stocks have had a bruising start to the year. Once viewed as steady compounders with recurring revenue and high switching costs, many enterprise software names have come under pressure amid fears that artificial intelligence (AI) could fundamentally disrupt their business models. Some investors have even dubbed the selloff a “SaaSpocalypse.”

However, not everyone is convinced the sky is falling. Legendary investor Michael Burry, best known for his prescient bet against the U.S. housing market, appears to believe that at least part of the recent downturn in software stocks has been driven more by technical factors than by deteriorating fundamentals. In a Substack post, Burry indicated he planned to add shares of Salesforce last Thursday, suggesting he sees an opportunity where others see disruption.

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