Cassandra Unchained @michaeljburry

@Diego9jey It will be one of the good ones over the long run.

The house party is packed, pushing AI higher today but I am largely ignoring the “woo-hoos.” I’m out in the backyard with my flashlight, seeking. I strike out at the salamander. Multicolored or just green, I blink and remain unsure. It blinks. Perhaps from the ravine. I fiddle in my pocket for the zinc nut and a bit of string.

This is from my May article, The Heretic's Guide to Ai's Stars Part III. I created the Pyramid to predict what would happen. Today the Pyramid is showing what is happening. https://t.co/2QZfXfSf1I The article also dug into financing for data centers, how it involves insurance companies and their captive offshore entitites.

Just a reminder. Plus there was the death spiral warning on BBBY. Just trying to help out. https://t.co/rauybRh0tQ

Breaking news to start a long weekend. That’s some good fishy. https://t.co/7TUpuzmhRz

There are more of these littering stock markets around the world than I can recall for a long, long time. It is as if the cool kids just outright won. https://t.co/MNbYwDUCHM

Join the disccusions and chats at Cassandra Unchchained, pure investment analsyis, no shills, no trolls, just the best community for discussion of stocks and macro themes out there. Burry on Build-A-Bear, Part 1 https://t.co/FjteWFEWc3 Another lesson in patience, recommended books, VSN stock write-ups, and the revised Scion Capital Analyst Template

Trading Post & Short Thoughts to the Max, August 18, 19, 20, 2026 https://t.co/ZV4XJdCT9Z The AI Buildout, Small Language Models, Intelligence per Watt, & Buying and Shorting 24x5, and a pictorial peak inside the sausage factory Bought the pink sheets TPLWF listing of Temple & Webster in the low $3s the last few days. I also added to my shares in Australia, TPW AU. I am scooping with both hands; and that is not all

@CommunityWinner Not surprisingly, I have a bone to pick with Moderna's announcement.

This is serious competition for NVDA. The startup says it took just 44 days after getting its test chips back from Taiwan Semiconductor Manufacturing to have them up and running inference workloads—the computing processes that allow AI models to respond to user queries—a process that usually takes six months or more. When Etched needed help designing servers and racks to integrate its chips into one big system, the company in 2024 recruited Brian Loiler, a top systems engineer who spent nearly 23 years at Nvidia. Loiler has since recruited to Etched about a dozen engineers from Nvidia who, in some cases, turned down attractive counteroffers, he said. https://t.co/6aOtcjdVo1

This is the latest circular financing map from today’s Bloomberg article. There is no mystery why the revenue numbers are so good, even as losses expand, free cash flow turns negative, and off-balance sheet leverage explodes. Also, the Bank of International Settlements (BIS) Annual Report released in late June is a sober look at all this. I have spend the last week and a half going through all these filings post-earnings, and I am looking forward to tearing apart more 10Qs from Coreweave and Nebius soon. From what I have seen it is worse than this.

$FLUT is down $14-15 to rougly $90 after reporting earnings and a CEO change. https://t.co/9uZJN5v9nu So, here is the August 5, 2026 Trading Post - One Buy, One Sale, One Reason

An urgent note on electricity's grand arrival and its parallels with the current #AI buildout. And, of course, much more. Enjoy the show! Light the World! https://t.co/kSnBbcK2Qc $NVDA $CRWV $ORCL

@JustinSherfield Stay away from FIG.

Short Thoughts July 15, 2026 PYPL/IBM/HCA/More Trading Postette Plus Commentary on PayPal Buyout Offer, IBM and HCA Swoons https://t.co/GBu7ZVjseC

@stevenfiorillo I was referring to MU, the one I am short .

#Blackrock, #Blackstone, #Apollo are watching their private credit credit and private equity portfolios and simultaneously setting the Guinesss Book of World Records record for BREATH-HOLDING, going on 4 years now...then they see this chart and almost lose it. "Up? Up? WTF do you mean UP?" $BLK $BX $APO

Read Advanced Placement Stock-Based Compensation: The Tragic Algebra Recurrence This is what your favorite $NDX or $NASDAQ or $$OX stock actually earns. https://t.co/2RTiRJC7yk #Salesforce #meta #alphabet

“Cheap land and cheap power put data centers in the high water-stress areas,” says Matthew Pine, chief executive of U.S. water-technology giant Xylem, which supplies utilities across the country.

UAA was never a good business. They had some marketing success early but never could really translate to a good business. LULU has been riding leggings for literally 2 decades, across many generations of young ones. The stock is the best performing clothing stock of the last 15 years even after the drop

For my 55th birthday, I am sharing Part III of my Heretic's Guide to AI for free. The whole article is unlocked, no gimmicks. Enjoy! The Heretic’s Guide to AI’s Stars Part III: Tracepalooza & the Bezzle https://t.co/04J9gjqDBa $META $NVDA $ORCL $MSFT $QQQ #NASDAQ #SOXX

A stock falls from 100 to 10. That's a 90% decline. The investor buys in at 10 because it is indeed worth 30. But it has fallen so much it has become detached from the underlying business and so falls to 5.. The value investor is down 50%. Which isn't as bad as 90%, but is still 50 effing percent. The value investor could have sold at 8, and limited the loss. 10 years later the stock is at $30. While said nvestor gies to medical school and finsihes residency to become a surgeon. That's a six times return in 10 years. About 20% per year. Wait, is it not only a triple? No, because the investor could have sold at 5 like just about everyone else did, but did not. What I describe here is almost exactly WBD. And it didn't take 10 years, because it usually doesn't.

[Abridged] Software & Payments Stocks Part II: Productivity Tools and Cybersecurity Part 2 of a 6-Part Series Covering 50 Software & Payments Stocks, Full Analysis and Ranking abridged to 2400 words from 14,000 $ADBE $ADSK $U $PANW $CRWD $DOCU $ZS $INTU https://t.co/VWfDsspzWL

AI Demand, Offshore Financing & Compression Too The Heretic’s Guide to AI’s Stars Part III In either case, this is a set up on the down low for a wicked bullwhip. $NVDA $MSFT $META $NOW $WDAY $PLTR $AMZN $APO $MET $ORCL https://t.co/0QxhGcWDWl

Great commentary yet again from BTIG’s Jonathan Krinsky •Party Like It's 1999. In 1999, the best performing Nasdaq 100 stock was Qualcomm (QCOM, not rated), up 2600%. The best rolling 52-wk return for QCOM during the entire dot-com bubble was 2600%, so SNDK is beating that by 1300bps. Interestingly, the second-best stock in 1999 was SNDK up 581%. •More Extreme. If we look at the top 10 performing NDX stocks in 1999, they were up an average of 559%. The top 10 in the year leading up to 3/24/00 were up an average of 622%. The top 10 NDX names over the last year are up an average of 784%, beating both the dot-com periods..