You know, Michael Burry has been silent on his social media for several years now. And suddenly — bam! — he posts a short message that literally gets everyone up from their seats. The guy who predicted the mortgage crash in 2008 and made billions from it isn’t just talking for nothing.

The post is simple: sometimes you see bubbles, sometimes you need to do something about them, sometimes it’s better not to play at all. That’s all. But when Michael Burry speaks, the market listens.

Right now, the situation is interesting. Nvidia is soaring to all-time highs, the entire AI sector has taken off, everyone is shouting about a revolution. But Burry looks at this and sees a familiar pattern — like the dot-com bubble in the early 2000s. His fund has already sold off most of its portfolio and opened shorts on Nvidia and Chinese stocks. A classic contrarian move, as he likes.

It’s interesting that everywhere you hear the word bubble now. But there’s a classic phrase from Keynes: the market can remain irrational much longer than you can remain solvent. So even if Michael Burry is right in his concerns, it doesn’t mean everything will collapse tomorrow.

The question is, where are we now? On the edge of a crash or still in the height of euphoria? History shows that bubbles always burst, but only after everyone is convinced that this time is different. So watch carefully.