저자: 미상 · 외국인
요약 보기
마이클 버리가 AI를 두고 '종말의 시작'이라 발언하며 AI 관련 자산에 대한 베어리시 포지션을 취했다고 소개. 근거로 미국 정부와 Anthropic 간 승인 줄다리기, 기업의 AI 도구 비용 상승과 저비용 대안 확산, 삼성전자·SK하이닉스의 약 9000억 달러 규모 반도체 투자 계획을 듦. 버리의 포지션으로 SOX 풋옵션(2027년 3월 만기), 캐터필러 숏, 테슬라 숏, 엔비디아·팔란티어 숏 등이 언급됨. 진행자는 버리의 과거 적중 여부를 언급하며 판단을 시청자에게 맡김.
다듬은 글
Michael Burry is back in the news, once again for the exact same reason as always, let's put it that way. This time he is speculating against artificial intelligence. In one of his latest releases he used these words: "It's the beginning of the end." But what lies behind this statement and, above all, behind the latest operations implemented on the financial markets?
Well, let's find out together in this short video. Before we begin, as always, I want to thank everyone who supports and sponsors this content, including Fontobel, a longtime partner of our community. As always, anyone who'd like can click the link in the description, visit the Fontobel website, and check out the many products available.
Both on the investing side and on the speculation side. There are an infinite number of underlying assets, practically all those possible and imaginable, but I feel it is my duty to remind you that for each product, Fontobel provides the KID of the information document. Never underestimate these aspects, always read these documents carefully, it is important and never underestimate everything.
But let's get back to us and especially to Michael Burry. These articles in the Wall Street Journal and Bloomberg were dedicated to him, to his latest statements. Once again it goes against the current and we have already mentioned it in the past, in short, it has always exposed itself towards what was a sparsely populated side of the river .
He hasn't always been right, as I feel it's my duty to point out in this post, but his statements are truly shocking today . But let's proceed calmly, because we can say that these strong statements by Michael Burry are based on three factors. Let's start with the first, that is, the push and pull of the US government towards approval - first the block, then the approval - in short, this push and pull towards Anthropic and the tools released by Anthropic itself.
Michael Burry certainly doesn't like this push and pull, and this is one of the reasons that has pushed him, once again , to speculate against the market—let's put it this way, because today artificial intelligence has completely inundated the global stock market. A second aspect concerns costs and here, in fact, I return to an article published a few days ago by the Financial Times, because the costs related to artificial intelligence have literally taken off in recent weeks.
And companies that were rushing to even offer their employees the use of artificial intelligence tools made available by large companies, obviously in the sector, well, they are taking a step back. They are affected by costs both on the supplier side and, obviously, on the user side and therefore by the launch of low-cost products or by the promotion, let's say, of the use of free products or, in any case, with much lower costs.
In short, even in this case, a U-turn that immediately made good Michael Burry raise his antennae. But perhaps the main factor that triggered, let's put it this way, Michael Burry's operations was this. A few days ago, the major players in the South Korean market, Samsung and SK Hynix, which have driven the Kospi index to record highs, planned huge investments to produce more and more microchips, clearly to build infrastructure dedicated to the development of artificial intelligence.
Nearly 900 billion dollars put on the table . But it is precisely this choice, this action, this planning by these two industry-leading companies that prompted Michael Burry to say, "Well, this is all unsustainable. This is the beginning of the end." Well, but what did Michael Burry actually do? And here we obviously refer to what are clearly the mainstream headlines, let's put it this way, betting against the market.
Well, they're not real bets, they're obviously positions that can see capital gains or losses at the end, let's say, once the operation itself is closed, but let's start from there. A put option expiring in March 2027 on the SOX, the ETF par excellence that has become a protagonist in these first months of the year and which obviously contains within it a basket of companies closely linked to the seeds and conductors sector.
And by the way, the SOX has put in some truly incredible performances in this first part of the year . This is the first operation implemented, according to the Wall Street Journal article. A second operation carried out concerns a short position on Caterpillar. Caterpillar will use, or rather, yes, it will use mainly its equipment to build infrastructure related to data center hubs to obviously build infrastructure related to the construction of microchips and so on.
Now, if support is obviously lost or if the wind of investment, capital expenditure related to the development of artificial intelligence, and all the related factors were to change—most likely, according to Michael Burry— one of the main potential companies that could be affected by this potential stoppage is Caterpillar itself.
In his opinion, the recent increases in Caterpillar shares in recent weeks and months are unjustified, and therefore he is short-listed. Another short position, but this type of trading by Michael Berry on Tesla is repeated periodically. There are various reasons but among other things it does not have a target price according to the rather ambitious article, they are talking about a 416-415 dollar target, it is not a lot to be honest and finally I remind you that in any case Michael Berry had already opened short positions on Nvidia in November 2025 , opened short positions on Palantir.
Motivations, well, as far as Nvidia is concerned, everything has to do with Berry's unsustainable circular financing, which has obviously brought back a very strong but short- lived interest in Nvidia shares. We'll actually see if this will be the case, while as for Palantir, which has suffered a lot in these first months of the year, all this is well motivated by the fact that it is too dependent on government contracts.
Well, the reasons we say can certainly be semi-objective, I would say at least to define them in this way but let's say they justify to a large extent Michael Berry's actions. But what do you think? Once again he started too early, as happened with his famous operation against the US real estate market back in 2007-2008.
Is this potential collapse very close in your opinion? Are the prices unsustainable? So, is Michael Berry right or wrong today? Well, let me know as always, in the comments. I remind you that, if you want to support us, you can like this video, you can subscribe to our YouTube channel and also to our Telegram channel.
Registration is free. For our Telegram channel, you'll find the link in the description. Curious to know your opinion, I, as always, thank you in advance, wish you a good day, and, as always, I look forward to seeing you in the next video.
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