Burry Discloses Puts on Nvidia and Palantir After Bubble Warning

Michael Burry, known for predicting market downturns, has revealed that his firm, Scion Asset Management, has taken bearish positions on Nvidia and Palantir. This comes shortly after he cautioned retail investors about excessive market enthusiasm, suggesting that he believes a correction may be on the horizon. Burry's actions are significant as they could indicate a shift in market sentiment and serve as a warning for investors to reconsider their strategies.