'Big Short' investor Michael Burry just launched a Substack and took aim at Nvidia in his first post

• Michael Burry of "The Big Short" has pivoted from investing to fiscal writing.

• Burry's archetypal 2 posts connected his caller Substack sermon his past arsenic a blogger and skepticism of AI.

• The marketplace seasoned warns of overinvestment and says Nvidia is the Cisco of this tech boom.

Michael Burry of "The Big Short" fame has pivoted from investing to writing, launching a paywalled Substack called "Cassandra Unchained."

Burry says the blog, which has amassed much than 23,000 subscribers since it went unrecorded connected Sunday night, is present his "sole focus." It promises a "front enactment spot to his analytical efforts and projections for stocks, markets, and bubbles, often with an oculus to past and its remarkably timeless patterns."

On his "About" page, Burry says helium "left the hedge money business" aft 25 years to "focus connected what I've ever loved: penning and sharing concern ideas."

He writes that managing clients' wealth came with restrictions that "muzzled" him, meaning helium could lone stock "cryptic fragments" publicly, whereas present helium is "unchained."

The newsletter costs $39 a month, oregon $379 annually. By comparison, Citrini Research — the astir fashionable newsletter successful Substack's concern class — charges $125 a month, oregon $999 a year.

Burry has published 2 archetypal posts, 1 titled "Foundations: My 1999 (and portion of 2000)" and the different titled "The Cardinal Sign of a Bubble: Supply-Side Gluttony."

The erstwhile recalls his clip arsenic a neurology nonmigratory astatine Stanford University Hospital, wherever helium wrote astir worth investing astatine night.

"As I give myself to Cassandra Unchained, I find myself connected an aged roadworthy not taken," it reads. "I consciousness lucky, and I americium grateful for the accidental arsenic I locomotion it again."

The 2nd station aims consecutive astatine the bosom of the AI boom, which helium calls a "glorious folly" that volition necessitate probe implicit respective posts to interruption down.

Burry goes connected to code a communal statement astir the quality betwixt the dot-com bubble and AI roar — that the tech companies starring the complaint 25 years agone were mostly unprofitable, portion the existent harvest are money-printing machines.

At the crook of this century, Burry writes, the Nasdaq was driven by "highly profitable ample caps, among which were the alleged 'Four Horsemen' of the epoch — Microsoft, Intel, Dell, and Cisco."

He writes that a cardinal contented with the dot-com bubble was "catastrophically overbuilt proviso and obscurity adjacent capable demand," earlier adding that it's "just not truthful antithetic this time, effort arsenic truthful galore mightiness bash to marque it so."