Business Insider·2025-11-24 09:10Core Insights - Michael Burry has shifted focus from investing to writing, launching a paywalled Substack called "Cassandra Unchained" to share his analytical insights on stocks, markets, and historical patterns [1][2] - Burry's initial posts address the AI boom, which he critiques as a "glorious folly" and plans to explore in depth over several entries [2][3] Industry Analysis - Burry compares the current AI boom to the dot-com bubble, arguing that despite the perception that today's companies are profitable, the underlying issues of overbuilt supply and insufficient demand remain similar [3] - He identifies the leading companies in the current AI landscape as the "five public horsemen" — Microsoft, Google, Meta, Amazon, and Oracle — alongside emerging startups like OpenAI [3] - Burry draws a parallel between Cisco during the dot-com crash and Nvidia in the current market, suggesting Nvidia is central to the AI boom despite its potential risks [4] Company Developments - Burry has closed Scion Asset Management's SEC registration, indicating a shift away from managing outside capital [5] - His recent return to social media includes commentary suggesting that the AI boom may be a bubble, advising caution in investment strategies [5]