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The Economic Times
The Economic Times
Debaroti Adhikary

Michael Burry pulls back on risk, says he’s happy to sit on cash. Is Big Short investor reversing his bearish AI bets?

Michael Burry Palantir Nvidia Christian Bale Debaroti Adhikary SEBI Substack

Popular American investor Michael Burry, best known for correctly predicting the 2008 housing crisis, is now pulling back on risk across his portfolio, trimming every position and exiting some put options contracts on Nvidia and Palantir, saying he is “happy to sit on cash”.

Michael Burry, in a Substack post on Wednesday, said he is exiting December 2026 put options on Nvidia and Palantir Technologies without rolling the trades into later-dated contracts, Stocktwits reported. "This will be an interesting market this fall," Burry wrote.

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