PLTR

GOOG

<p>Michael Burry warns that the U.S. stock market will face a long-term bear market similar to that of 2000 due to the dominance of passive investing. He bets that Palantir will significantly decline in two years because this highly valued company "barely makes any money but has created a bunch of billionaires." He believes that the high costs of AI will threaten Google's search business and that large model services will become highly commoditized. He stated, "We do not need the Federal Reserve," and revealed that he holds gold</p>

- Michael Burry expresses a pessimistic outlook on the U.S. stock market, predicting a prolonged bear market similar to 2000 due to the dominance of passive investing.  
- He criticizes the current AI investment frenzy, likening it to the "data transmission bubble" of 2000, and highlights concerns over Palantir's inflated valuation and financial structure.  
- Burry also critiques the Federal Reserve, advocating for its abolition and transfer of its functions to the Treasury, arguing it has not contributed positively over its century-long existence.

Wallstreetcn

Palantir Tech

Alphabet - C

Big short Burry warns that U.S. stocks will repeat the "2000" bear market: capital expenditure is nearing its peak, and two years is enough for the AI bubble to burst!