I noticed an interesting point. Michael Burry, the same investor who predicted the 2008 mortgage crash, has finally broken his silence. And he did so as concisely as possible: "Sometimes we see bubbles. Sometimes action is needed. Sometimes it's better not to participate at all."

One short phrase — and the market already reacts. The context is clear: against the backdrop of the AI sector's surge and Nvidia's market capitalization reaching a record $5 trillion, Burry is clearly hinting at the formation of a new bubble. Honestly, it reminds me of the dot-com bubble of the early 2000s.

Burry's fund, known for its contrarian tactics, has already responded specifically: almost completely divested from its portfolio, opened shorts on Nvidia and Chinese stocks. This isn't just words — these are bets on a decline.

I hear the word "bubble" more and more often. But then I recall Keynes' phrase: the market can remain irrational much longer than you can remain solvent. It hurts, but it's fair.

The question is, where are we now? On the edge of a collapse or just entering a phase of complete madness? History teaches that bubbles always burst. But only after everyone is absolutely sure: this time, everything is different. Michael Burry clearly doesn't think so. And that deserves attention.