$Micron Technology(MU)$ $NVIDI

$Micron Technology(MU)$ $NVIDIA(NVDA)$ $Taiwan Semiconductor Manufacturing(TSM)$ Semi stocks are down recently, apparently because Michael Burry took a sizable short position on the SOXX. However, he's been wrong on several calls in the past. A quick search shows, for example, in 2019 he warned index funds were the "next subprime," comparing them to the CDOs behind the 2008 crash. Index funds went on to deliver strong long-term returns instead, and that call hasn't aged well.

He's also flagged "imminent" crashes at various points like 2015, 2017, and 2019, which didn't play out as predicted in the near term. He's even acknowledged on his own platform that markets can stay irrational longer than one's capital can hold out.

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