Hua Er Jie Jian Wen·2025-11-06 02:47Core Insights - A situation reminiscent of the 2008 financial crisis is unfolding around the AI investment frenzy, with Michael Burry heavily shorting Nvidia and Palantir, echoing his previous actions during the housing bubble [1][2] - Deutsche Bank is considering shorting AI stocks to hedge against significant loan risks in the data center sector, marking a shift from real estate to AI-related loans [1][3] Group 1: Michael Burry's Actions - Michael Burry has concentrated approximately 80% of his portfolio on shorting Palantir and Nvidia, with a notional value exceeding $1 billion [1][2] - His bearish stance is supported by a belief that AI investment returns are too low and that many leading companies may ultimately collapse, similar to the internet bubble [2] Group 2: Deutsche Bank's Strategy - Deutsche Bank has made substantial bets on data center financing, primarily lending to major tech firms like Alphabet, Microsoft, and Amazon, with estimated loans reaching several billion dollars [3][4] - The bank is exploring options to hedge risks, including shorting a basket of AI-related stocks and utilizing a synthetic risk transfer (SRT) strategy to package and sell loan default risks to external investors [3][4] Group 3: Market Reactions and Concerns - Global regulatory bodies have issued warnings about the AI asset bubble, with Singapore's Monetary Authority highlighting "stretched valuations" in the tech and AI sectors [1] - Analysts have noted that Deutsche Bank's consideration of SRT structures resembles the debt collateralized obligations (CDOs) from the past, raising concerns about potential risks [4]