Getty Images/ Astrid Stawiarz
- Michael Burry appears to be quitting Twitter for a while.
- "The Big Short" investor has been sounding the alarm on market bubbles.
- Burry has railed against Tesla, bitcoin, Robinhood, and the GameStop frenzy.
- Visit the Business section of Insider for more stories.
Michael Burry is taking a break from Twitter, leaving his 400,000 followers with only a couple of restaurant recommendations and a list of his favorite death-metal bands.
The investor — who has criticized Tesla, bitcoin, Robinhood, and the meme-stock frenzy this year — signed off this week with a now-deleted tweet in Vietnamese that translates to: "You know my position now, no need to hear more from me."
The Scion Asset Management boss, whose wife is of Vietnamese origin, updated his Twitter bio with another sentence in her mother tongue that translates to: "No more, you know where I stand."
Burry cleared his Twitter feed, leaving only a trio of tweets promoting two Vietnamese restaurants and a Mexican eatery in his home state of California. He added links to the Twitter profiles of eight bands including "Devil Driver" and "Entombed" to his bio.
Burry, whose billion-dollar bet against the US housing bubble was chronicled in the book and the movie "The Big Short," has been calling out what he sees as speculation and recklessness in markets for a while.
For example, after revealing he was short Tesla in December, he predicted its stock price would implode like the housing bubble. He also slammed the astronomical rise in GameStop's stock price as "insane" and "dangerous" in January, after helping to lay the groundwork for the short squeeze by investing in the video-game retailer in 2019.
Moreover, Burry has panned bitcoin as a "speculative bubble," described Robinhood as a "dangerous casino," cautioned that the stock market is "dancing on a knife's edge," and warned that markets have "bubbled over in a dangerous way."
The latest comments suggest Burry feels he's had his say, and has decided to let investors fend for themselves for a while.
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See Also:
- Warren Buffett didn't mention SPACs, crypto, or meme stocks in his annual letter. Buffett scholar Lawrence Cunningham explains how the billionaire still managed to warn investors about them.
- A pair of investing kingpins at a long-time major Tesla shareholder break down why they're still bullish, why you won't find Google or Facebook in their holdings, and why Musk's bitcoin bet doesn't matter
- A hedge fund chief and crypto bull shares a SPAC investing strategy set to benefit in the inevitable bear market — and breaks down why digital assets will be the next big beneficiary of the SPAC boom
