The Priestess of Cassandra Returns: When the Market Starts Taking the Opposing Voices Seriously

Nvidia suddenly dropped from a 5% gain to -3%, causing the entire US stock market to fall in response. The market’s first reaction wasn’t to check the fundamentals, but—who is that guy again?

Michael Burry’s appearance this time has completely changed Wall Street’s attitude towards the AI narrative.

Not a Predictor, but a “Mirror of Market Sentiment”

Many people regard Burry as a legendary forecaster. In reality, his ability isn’t about accurately predicting short-term fluctuations, but about speaking from the opposite perspective at the brink of extreme emotions.

This time is no different. When the AI concept was at a high, with unusual trading activity and funds shifting to defensive positions, he posted repeatedly on X: AI is a bubble, short Nvidia and Palantir directly. He even gave himself a nickname—Cassandra, the ancient Greek priestess whose truthful prophecies were never believed.

But this time, the market started to listen seriously.

His importance isn’t about being right

Burry’s true value is that he said what the market has never dared to ask: “Everyone, is this rally… maybe a bit overdone?”

When the bull market shifts from “unconditional optimism” to “optimism with a question mark,” the market sentiment has quietly changed. This isn’t just price fluctuation; it’s a narrative rupture—from “AI invincibility” to “AI also needs to pull back”—a transition.

Burry’s return precisely marks this turning point. He’s not a magician; he’s simply voicing what the market was already brewing to do, ahead of time.

Short-term fatigue is beginning to show

The long-term logic of Nvidia and AI remains sound, but short-term signals are becoming increasingly clear:

• Prices are stalling
• The market is tired
• Some are quietly exiting

This isn’t created by Burry; it’s the market’s own self-correction. He just appeared at this moment, becoming the “trigger” for the shift in market sentiment. From being ridiculed to being taken seriously, Burry’s return actually reflects the subtle decline in bullish confidence.

No matter how Nvidia ultimately performs, the priestess’s warning has already been remembered by the market.