Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: SI Dmitry (code monkey) who wrote (78511)	11/13/2025 4:00:41 PM
From: SI Ron (Crazy Music Man)	1 Recommendation Recommended By E_K_S Read Replies (1) \| Respond to of 78765

I ran that through AI: Yeah, that headline is basically what just happened — though the exact wording is a bit more dramatic than his actual letter. Here’s what’s going on in plain terms: Burry is shutting down Scion Asset Management (again). SEC filings show Scion’s registration was terminated as of November 10, 2025. Bloomberg+1 He told investors he’ll return their money by year-end. In a letter dated October 27, 2025, Burry said he will liquidate the funds and return capital (except for a small audit/tax holdback) by the end of the year. mint+1 His reason: markets don’t line up with his idea of “value.” In that letter he wrote that his estimation of value in equities has not been in sync with the equity markets for some time — which people are paraphrasing as “I don’t understand this market anymore.” mint+1 He’s especially skeptical of the AI/Big Tech boom. Recently he’s been loudly criticizing what he sees as aggressive accounting by big cloud/AI players (Nvidia, Palantir, Meta, Oracle, etc.), arguing they’re overstating profits by stretching the “useful life” of servers and chips. Seeking Alpha+1 Through Scion he had big bearish positions against Nvidia and Palantir, which have been huge winners in the AI rally. Financial Times+2The Times of India+2 This doesn’t necessarily mean he’s retiring from investing. Deregistering from the SEC and closing the fund to outside investors may just mean he’ll manage his own/family money via a family office, which doesn’t need public filings. Investing.com Canada Context: short-sellers are getting crushed. Valuations in parts of the market (especially AI/tech) are high vs historical norms, and several prominent short-sellers (like Jim Chanos) have already shut or scaled back funds because it’s so hard to fight the trend. Burry’s move fits that pattern: the market keeps rewarding things he believes are overvalued, so he’s stepping away rather than compromising his style. Financial Times If you’re wondering “Should I be scared?” — it’s more a signal of how extreme/strange the environment feels to value-focused investors than a guaranteed crash warning. Burry has been early or wrong in the short term many times, even when he eventually turned out right.