Story perspectives

Michael Burry Deregisters Hedge Fund Amid AI Bubble Fears

11/14/2025

Summary

Story summary

Michael Burry has deregistered his hedge fund, Scion Asset Management, with the U.S. Securities and Exchange Commission (SEC) as of November 10, 2025.
This decision concludes his management of approximately $155 million in external client funds across four accounts as of March.
Burry indicated concerns about market bubbles, especially in the artificial intelligence sector, in a recent social media post.
He has shifted to bearish investment positions on companies like Nvidia and Palantir, reflecting a trend among high-profile investors converting hedge funds into family offices.

History

Historical Context

The 2008 financial crisis prompted significant regulatory reforms, including the Dodd-Frank Act, aimed at enhancing transparency in hedge funds. Michael Burry, who predicted the crisis, managed $600 million in assets at his hedge fund, Scion Capital, before closing it in 2008. His recent bearish positions on companies like Nvidia reflect a trend of investors shifting to family offices amid ongoing market volatility.

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Story summary

Michael Burry has deregistered his hedge fund, Scion Asset Management, with the U.S. Securities and Exchange Commission (SEC) as of November 10, 2025.
This decision concludes his management of approximately $155 million in external client funds across four accounts as of March.
Burry indicated concerns about market bubbles, especially in the artificial intelligence sector, in a recent social media post.
He has shifted to bearish investment positions on companies like Nvidia and Palantir, reflecting a trend among high-profile investors converting hedge funds into family offices.

1 / 2