Michael Burry Warns of AI Bubble - Australian Super Funds at Risk
Update: 2025-11-12
Description
Legendary investor Michael Burry has placed a $1.5 billion bet against AI giants NVIDIA and Palantir, cautioning about a potential tech bubble. Australia's superannuation system's heavy investment in U.S. equities, along with a new bilateral investment agreement, could expose over $1 trillion of Australian retirement savings to U.S. tech investments. With U.S.-China tensions impacting the tech sector, investors are urged to reconsider blind faith in offshore investments. Additionally, Platinum City Golden West Entertainment Films is premiering a documentary focusing on gun violence in South Central Los Angeles, aiming to inspire reform and humanize the issue. Director Terry C. Carney's advocacy against gun violence is highlighted in the film.
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