'Big Short' investor Michael Burry sends another AI bubble warning, this time using a 'Lord of the Rings' meme
Media/ Social Media
Michael Burry fired off a warning about the AI boom in a "Lord of the Rings" wrapper on Sunday, and teased that he'll release more of his contrarian research in the coming days. "One chart to refute them all … to be continued Nov 25th, or before," the investor of "The Big Short" fame posted on X. He attached a column chart tracking the S&P 500's total capital expenditures over the past 35 years, with depreciation subtracted and amounts divided by nominal US GDP — likely to keep the focus on new
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