“The Big Short” investor Michael Burry criticizes Bitcoin’s $100,000 valuation, calling it ridiculous and not worth anything, comparing it to the tulip bulb mania. Burry also bet against Nvidia and Palantir, citing concerns about stock-based compensation at Palantir and predicting an AI market bubble similar to the dot-com bubble.

Burry warns of an impending burst in the AI market, advising those with gains to sell. He suggests healthcare stocks as a potential hold, noting their current unpopularity. Burry’s recent remarks on Bitcoin and short positions on other companies have garnered attention in the financial world.

Read more at Yahoo Finance: Michael Burry Says Bitcoin Is The ‘Tulip Bulb Of Our Time’