"The investor of "The Big Short" fame pivoted this month from running a hedge fund to publishing a Substack named "Cassandra Unchained." It has amassed more than 97,000 subscribers since it launched on Sunday. "This is a conversation space exclusively for paid subscribers-kind of like a group chat or live hangout," reads Burry's introductory post. "I plan to post updates that come my way, and you can jump into the discussion.""
"Another early response jokes about Burry's disclosure this week that he owns bearish put options on Nvidia and Palantir stock: "I think Dr Burry is going to make more money from Substack than his NVDA and pltr puts 🤣" A third poked fun at a potential spike in traffic to Substack. "Someone pray for substacks backend engineers." "It's gonna be legendburry!!" one subscriber wrote, while another noted: "This chat is gonna be nuts.""
Michael Burry launched a Substack called Cassandra Unchained and invited all paid subscribers to a group chat. The chat rapidly filled with jokes, memes, videos, and a range of questions directed at Burry. Burry said he plans to post updates that come his way and allow subscribers to join the discussion. Subscribers reacted to his disclosed bearish put positions on Nvidia and Palantir, joked about Substack traffic and moderation, and asked about the Fed, retirement investing, currency strength, and potential AI-related market risks. Burry recently resurfaced on X after over two years of silence.
Read at Business Insider
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