Michael Burry responds to President Trump remarks on short sellers

Trump said a "couple of guys" who went short were "in big trouble" and "being wiped out." He added that he never liked short sellers because they bet against the country. Burry replied in a post on X that Trump could not understand his Substack essays but could "shoot from the hip and make money for him and his cronies better than anyone." The post was later deleted.

Burry's investment approach Burry wrote that shorting is high-risk, with limited upside and the potential for quick losses. He said his portfolio is mostly long and that he increases cash holdings when valuations rise before seeking bargains. He also noted that he shorts the market through index puts and stocks tied to prevailing market trends when deploying capital into undervalued names.

Market context Stocks have reached record highs this year amid interest in artificial intelligence. Burry has publicly questioned valuations in AI-related companies and said tech firms are overinvesting in the sector. Burry gained attention for a large bet against the mid-2000s housing market that was later chronicled in the book and film "The Big Short."