Michael Burry Launches Substack Chat, Sparks Intense Discussion
Michael Burry, renowned for his role in “The Big Short,” is making waves with his new group chat on Substack. The chat invites his paid subscribers to engage in discussions about various topics related to finance and investment. Since launching his Substack, titled “Cassandra Unchained,” Burry has attracted over 97,000 subscribers within just a few days.
Launch of Substack and Group Chat
On Friday, Burry opened a group chat for subscribers, creating a buzz among participants. This interactive platform allows subscribers to pose questions and share memes. Burry described the chat as a space for “paid subscribers—kind of like a group chat or live hangout.”
Subscriber Engagement
The initial responses in the chat showcased a mix of humor and curiosity. Some subscribers joked about Burry’s recent investments, particularly his bearish positions on stocks like Nvidia and Palantir. Notable comments include:
- “I think Dr. Burry just broke Substack.”
- “It’s gonna be legendburry!!”
- “Someone pray for Substack’s backend engineers.”
Amid the jokes, subscribers posed serious inquiries, such as:
- The potential next chair of the Federal Reserve.
- Investment strategies for an 80-year-old preparing for a market crash.
- The strength of the dollar compared to other currencies.
Burry’s Recent Activity
Burry recently returned to social media after more than two years of silence, particularly on X. He has been vocal about his concerns regarding an AI bubble and has criticized major companies like Nvidia and Palantir. His online presence continues to grow, with 1.6 million followers on X.
A Financial Visionary
Michael Burry gained fame for successfully predicting the housing market collapse, a pivotal event that led to the global financial crisis. His insights were popularized in Michael Lewis’ book “The Big Short,” and later brought to life by actor Christian Bale in the film adaptation. With his new Substack initiative, Burry continues to engage with the financial community, offering his perspectives on burgeoning market trends.
