“Big Short” Burry speaks out: No “blow-off top” crash risk in US stocks for now, but beware of tech stocks overstating profits by 40%

Glonghui, April 21 — “Big Short” investor Michael Burry has recently released a series of heavyweight market opinions. On one hand, he stated that the current strong rally in the US stock market is not likely to immediately turn into a catastrophic collapse. On the other hand, he used detailed data to demonstrate that, over the past decade, Wall Street has systematically overestimated the real earnings of tech giants by more than 40%, and ordinary investors are paying the price for this. In fact, this is not the first time Burry has questioned the accounting practices of tech companies. He previously warned that AI giants have artificially inflated profits by understating asset depreciation.