Michael Burry Buys Nvidia Calls as Hedge, Expands Shorts on Oracle and Palantir

If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh Entering text into the input field will update the search result below Quick Insights He bought them to hedge his large short and put positions, not for

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Entering text into the input field will update the search result below Quick Insights He bought them to hedge his large short and put positions, not for potential gains. He believes these stocks are overvalued, citing concerns about valuations, future earnings reductions, and market disbelief in the companies’ narratives. Burry thinks Nvidia is theoretically worth much less than its market value and notes the stock often falls post-earnings despite strong growth forecasts

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