'The Big Short' Burry who bought Apple in 1998 has one dire regret

Core Insights - Michael Burry is recognized for predicting the 2008 financial crisis and profiting from it, primarily through shorting subprime mortgage-backed securities [3][4][5] - Burry has a history of making significant investment calls, including early investments in Apple and gold, and has expressed concerns about passive investing risks [2][4][6] - Recently, Burry has raised questions about the sustainability of the massive spending on artificial intelligence infrastructure by major tech companies [7][8] Investment History - Burry founded Scion Capital in 2000 and gained fame for betting against the housing bubble from 2005 to 2007, using credit default swaps [4] - His fund reportedly generated approximately $700 million for investors and $100 million personally during the 2008 housing market crash [5] - Burry's investment strategy has included significant moves into equities during the pandemic, nearly doubling his fund in 2020 [2] Current Concerns - Burry has publicly challenged the scale of AI infrastructure spending by major tech firms, questioning when this expenditure will cease [7][8] - He has directly addressed companies like Oracle, Google, and Amazon, highlighting the financial strain of AI investments on their cash flow [8]