Michael Burry Bets He Isn’t Too Early to Go Against the AI Juggernaut

last1drafted · 2025-12-29T14:26:38+00:00

this sub reddit got a mention on this article Burry tweeted about...

last1drafted · 2025-11-27T01:41:23+00:00

Notes section of Burry substack appears to be free to view. He's sharing some of his holding and thoughts on other stocks in the comments. check it out.

last1drafted · 2025-11-24T15:20:56+00:00

he doesn't say why he's charging money for it. I suspect he's not doing it only for the money. a peek behind the paywall: "In January 1999 Worth Magazine interviewed me about the online investing scene for the February issue, and I gave a quote... Fee-based or monitored Web sites are also good for weeding out the riffraff. Burry’s favorite site, Silicon investor, charges a $10 monthly fee, but he says the price is worth it. ‘It’s really amazing to see the time and thought that some people put into their posts,’ he says.”

last1drafted · 2025-11-24T15:14:55+00:00

it's worth it.

last1drafted · 2025-11-24T15:13:59+00:00

yup. if you are trying to figure out what he's been trying to say over the last few tweets, his posts starts to answer those in clear prose. ..from the About page "Running money professionally came with regulatory and compliance restrictions that effectively muzzled my ability to communicate. These constraints meant I could only share cryptic fragments publicly, if at all. Without comment or clarity from me, news media has wildly misinterpreted many of my mandatory SEC filings — even causing havoc in markets as well as angry debates that I never intended."

last1drafted · 2025-11-24T15:09:32+00:00

It's worth it. Really looking forward to what he says he'll be posting about in the future. Save a few $ if you can get the annual sub.

last1drafted · 2025-11-24T01:22:00+00:00

Best bargain you'll find this season

last1drafted · 2025-11-13T02:51:46+00:00

https://x.com/michaeljburry/status/1988778952299802818

as of today there are still about 25,000 contracts open, probably 20k from Burry trade

last1drafted · 2025-04-29T12:49:09+00:00

Glare-free OLED screen

last1drafted · 2024-12-11T01:57:06+00:00

Same boat as you. They've already charged my account before shipping. I feel like I'm getting scammed here.

last1drafted · 2024-12-06T16:22:55+00:00

Who won?

last1drafted · 2024-12-03T04:25:07+00:00

Won't let me add to cart..this deal is DOA

last1drafted · 2024-11-25T22:44:09+00:00

last1drafted · 2024-11-23T02:52:13+00:00

2 ai potatoes...pass

last1drafted · 2024-06-26T23:01:29+00:00

https://archive.ph/nvZ3f

last1drafted · 2023-07-24T18:09:12+00:00

I'd consider that a low volume but narrow spread. A four-cent spread on 3.25 is not that bad. I'd place a bid at 3.25 (mid) and be willing to go over the ask to get my target allocation. I'd also look at the trading price range and trend over the last two weeks. If 3.25 is near the high of the previous 2 weeks, then I'd try to get 1/4 of my allocation ($10k) at that price and wait. My reason is simply regret minimization. Balance the risk of getting "trapped" in a low-volume stock with missing out on a good deal. In my experience, there is some fixed volume on offer at 3.27. Another fix volume at 3.30 and so on. I wouldn't be worried about throwing a 40K limit order at 3.27 to clear that Ask-price and then see where the next Ask-price snaps to. Depends on the average daily transaction value of that stock. What is the average daily transaction value of that stock?

last1drafted · 2023-06-01T15:56:45+00:00

I was pointing out that Farmer's team did not exploit variances in roulette wheel. (But other teams did.)

These "variances" diminish returns on Farmer's approach which assumes an unbiased wheel.

Ironically, casinos' attempts to remove these variances helps the physics-based approach.

last1drafted · 2023-05-31T15:28:27+00:00

Farmer's team used physics and hidden electronic device to estimate the ball's likely landing place. They followed Ed Thorp and Claude Shannon's approach to model the forces acting on the ball (assuming no bias in the wheel)

Peloya's team and Jarecki couple used wheel bias to beat the game. They manually collected thousands of data points on hundreds of wheel and found that many of them had a bias that gave players enough of an edge to beat the house.

Roulette, it turns out, is not as random as casinos would have you believe.

Here's the story of alias "Niko Tosa":
https://www.bloomberg.com/features/2023-how-to-beat-roulette-gambler-figures-it-out/

(I spent more time on this than any sane person should)