Burry is likely either way too early or entirely wrong. If we move into more inference workloads and ASI, then the book continues for much longer, like another decade straight.
I think he forgets the Big Beautiful Bill actually allows companies, like a hyperscalers to immediately depreciate compute infrastructure in year 1 permanently and every time. So he's looking in the right areas.
If demand is stratospheric because of double ordering just to get ahead then we could have a lapse in orders. I think if be really belived that, we would have been even bolder with his put order. But once again, this is Burry's second attempt at Nvidia puts, he already closed Q1 puts in Q2.
I also don't think he considers how much the political climate has been a complete tailwind for AI infrastructure and that all capacity will be produced, and snapped up all in 2026, probably through parts of 2027 as well. His puts expire in December 2027, which means he could be right just trying to push it down right now because he's fighting theta.
Happy Thanksgiving!
You too!
Burry is likely either way too early or entirely wrong. If we move into more inference workloads and ASI, then the book continues for much longer, like another decade straight.
I think he forgets the Big Beautiful Bill actually allows companies, like a hyperscalers to immediately depreciate compute infrastructure in year 1 permanently and every time. So he's looking in the right areas.
If demand is stratospheric because of double ordering just to get ahead then we could have a lapse in orders. I think if be really belived that, we would have been even bolder with his put order. But once again, this is Burry's second attempt at Nvidia puts, he already closed Q1 puts in Q2.
I also don't think he considers how much the political climate has been a complete tailwind for AI infrastructure and that all capacity will be produced, and snapped up all in 2026, probably through parts of 2027 as well. His puts expire in December 2027, which means he could be right just trying to push it down right now because he's fighting theta.