Michael Burry warned of a 1987-style crash — and kept his AI shorts open - qz.com

Michael Burry, the investor known for predicting the 2008 housing collapse and portrayed in "The Big Short," has publicly warned of a potential 1987-style market crash.
According to the report, Burry has maintained his short positions targeting AI-related stocks despite the ongoing market environment.
He stated that all of his short bets remain profitable, with the notable exception of his position against Nvidia.
The stance reflects Burry's continued skepticism toward the elevated valuations tied to the artificial intelligence sector.
His warning invokes the memory of Black Monday in October 1987, when global markets experienced a sudden and severe single-day plunge.