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"Big Short" prototype Michael Burry's fund has 80% Position betting on shorting Nvidia and Palantir.
On November 4, according to ZeroHedge, Michael Burry, the prototype of the “big short”, has revealed through his hedge fund Scion Asset Management's 13F filing that he not only believes there is a bubble in the market but is also taking action to address it. The 13F filing disclosed that the fund has 80% of its position in Nvidia and Palantir put options, with the nominal amount of Palantir put options reaching 912 million USD (equivalent to 5 million shares), while the nominal amount of Nvidia put options is 186 million USD.