Why Michael Burry Keeps Getting It Wrong: A Look at His Missed Predictions Since 2017

Everyone picked the 2008 crash - it was so obvious. Burry has targeted Nvidia far too often.

The moment you stop your own research and follow another person’s conviction instead of your strategy, you end up:

• Missing long bull markets
• Selling at the bottom
• Buying at the top
• Staying in cash for years
• And losing the benefits of compounding.

Your financial future then gets tied to someone else’s emotional swings.

A Timeline of Burry’s Recent Calls and What Actually Happened

Here is a simple, data-backed summary of Burry’s major calls since 2017.

Date	Burry’s Prediction	What Actually Happened
Jan 2017	Predicted a global financial collapse and even WW3 were imminent.	No collapse occurred. Markets rallied strongly for years.
Sep 2019	Said index funds would implode like CDOs from 2008.	Index funds kept growing as passive investing became the default strategy for millions.
Dec 2020	Shorted Tesla and called its price “ridiculous.”	Tesla continued climbing and doubled again.
Jan 2021	Repeated prediction that Tesla’s valuation would implode soon.	Tesla kept rising.
Jan 2021 (late)	Claimed GameStop’s rally would not repeat.	GameStop exploded again just weeks later.
Feb 2021	Warned the entire market was “dancing on a knife’s edge.”	The S&P 500 hit new all-time highs.
Feb 2021	Said inflation would destroy Bitcoin.	Bitcoin reached new highs later that year.
Feb 2021	Called Robinhood a “dangerous casino” that would lose users and revenue.	Robinhood’s user base and revenue continued growing at massive scale.
Mar 2021	Declared Bitcoin a speculative bubble.	Bitcoin kept rallying to record highs.
Jun 2021	Predicted the “mother of all crashes” and sold everything.	No crash occurred. The market is up more than 56% since.
Sep 2022	Forecasted massive stock failures ahead.	A new bull market started two months later.
Jan 2023	Bet $1.6B on a total market crash and tweeted “Sell.”	He later admitted he was wrong. The market is up more than 63% since.

Two recent NVDA years with annual losses - never happen again?!

2015 I went all in - and then endured two tough years.

Are buyers biased that NVDA will always edge up in the future?

I agree in the near future - yes - to the moon.

• 2018 – Year‑end price $3.34, down 31.0% from the prior year 
• 2022 – Year‑end price $14.61, down 50.3% from the prior year

 

Wall Street giants bet Nvidia’s AI chips will defy the laws of finance

Nvidia’s most powerful chips, which are also known as graphics processing units or GPUs, remain in high demand from AI labs training cutting-edge models, but tech groups are willing to use older hardware for simpler tasks such as answering queries. Nvidia has also extended the life of chips by regularly updating its software platform Cuda. The platform is central to Nvidia’s dominance in AI processing, enabling customers to use GPUs, originally designed for graphics, to speed up AI applications. 

10 Oregon Food Markets Where Locals Find Incredible Regional Flavors

Ashland Food Co-op is the kind of place that makes you feel good just walking through the door. Established in 1972 and nestled in the Rogue Valley at 237 N First St in Ashland, this co-op holds the impressive distinction of being the region’s only consumer-owned Certified Organic Retailer.

That certification is not just a badge. It reflects over fifty years of commitment to genuinely clean, organic food.

The hot bar and salad bar are legendary among regulars. Freshly prepared soups, creative salads, and made-to-order juices keep things interesting no matter how many times you visit.

Nvidia to invest up to $3 billion in Stargate data center developer Lancium, the Information reports

Aug 7 (Reuters) - Nvidia will invest up to $3 billion in power infrastructure developer Lancium, the company behind the Stargate data center campus in Texas, the Information reported on Friday.

• The chipmaker will invest an initial $2 billion for a stake of roughly 20% in Lancium, which is backed by Blackstone, according to the report.

• Nvidia could invest an additional $1 billion if the company meets certain thresholds, including grid hookups, the report said, citing people familiar with the matter.

• Under the deal, Lancium and its portfolio of land and power connections have an enterprise value of around $10 billion, according to the Information.

The Ultimate Bull Case for NVIDIA Is Here: Their Powerful B200 Systems Are Sold Out - AOL

• SpaceX partnership.
• NVDA posted $82 billion in revenue, up 85% year over year, with B200 systems sold out yet the stock sits 28% below its 52-week high.
• AMD and Broadcom rally alongside NVDA as inference demand pulls the entire semiconductor and memory stack higher.
• Jensen Huang sees $3 to $4 trillion in AI infrastructure spend by decade's end, with hyperscaler capex approaching $1.2 trillion as the primary fuel.

Jim Cramer Says Nvidia Chips Are Scarce and Holding Value. Here Is What Investors Need to Know Today. - AOL

CNBC's Jim Cramer distilled the current NVIDIA setup into one sentence on X: "you get a couple of reports that Nvidia chips are holding their value and are scarce and the stock soars." The post landed as NVIDIA (NASDAQ:NVDA) closed up 2.93% at $206.64 on August 3, 2026, extending a 6.7% one-week gain and pushing the stock 12.8% higher year to date. For a name with a roughly $5.094 trillion market capitalization, that is a meaningful daily move, and it maps directly onto the two supply-side narratives Cramer is pointing at.

SOU Board of Trustees OKs $89.7 million budget; university officials say bridge funds will fill budget gap this fall - Ashland News - Community-Supported, NonProfit News

The board voted to approve a $89.7 million fiscal year 2026/2027 budget during a special virtual board meeting Wednesday, July 29. The document at first glance shows a negative balance of about $7.5 million, but the second part of the state’s $15 million appropriation is anticipated to fill the gap by this fall, according to SOU administrators.

SOU President on revised plan to cut $20-plus million from budget: ‘Everyone has helped to pay this bill’ - Ashland News - Community-Supported, NonProfit News

The 46-page plan details cuts totaling $20,028,030. Two university programs previously planned for elimination will be kept under the plan: The Human Services Plan and Financial Mathematics. The overall Music program will stay, but the Music Industry & Production degree will be sunset. 

Snow pictures to cool you off.

Fire Danger set to jump to ‘extreme’ in Ashland, Jackson and Josephine counties beginning Friday - Ashland News - Community-Supported, NonProfit News

The Real Price of NVIDIA Stock Is Three Years Away

The Discount That Patience Buys You

Look ahead to the earnings analysts expect by fiscal year 2029. At today's share price of about $202.78, the multiple you are paying on those future earnings falls to just 13.3 times. That is a 41% lower multiple than this year's, a phenomenon known as the forward valuation discount. It is the market's way of pricing in future growth. If you hold the stock, you are effectively buying that third year of earnings at a far more conventional price, with the premium shrinking on its own as earnings grow into the valuation.