**Michael Burry Shifts Focus to Paid Newsletter After Scion Closure**
**Meta Description:** Michael Burry, famed for predicting the 2008 financial crisis, is now concentrating on his paid newsletter, ‘Cassandra Unchained,’ after closing Scion Asset Management.
**URL Slug:** michael-burry-cassandra-unchained-newsletter
**Headline:** Michael Burry Transitions to ‘Cassandra Unchained’ Newsletter Following Scion Asset Management Closure
Michael Burry, the hedge fund manager celebrated for his foresight during the 2008 financial crisis, has clarified that he is not retired. Instead, he is dedicating his efforts to his paid newsletter, ‘Cassandra Unchained,’ after the recent closure of Scion Asset Management in early November. Burry’s remarkable ability to navigate the Wall Street collapse was chronicled in Michael Lewis’ book, ‘The Big Short: Inside the Doomsday Machine,’ which inspired the acclaimed 2015 film featuring Ryan Gosling, Steve Carell, and Christian Bale.
Following the shutdown of his hedge fund, Burry has turned his full attention to his Substack newsletter, where he shares insights on economic trends, markets, and stocks. His commentary is closely monitored by traders seeking indicators of potential market bubbles. Burry gained notoriety for betting against the U.S. housing market in 2008 using credit default swaps (CDS), successfully predicting the irregularities that led to the financial crisis. His strategic moves earned him $100 million as the market collapsed due to the subprime mortgage crisis.
In a recent update on Substack, Burry emphasized, “I am not retired,” and noted that the blog now occupies his “full attention.” As of November 24, ‘Cassandra Unchained’ boasts over 21,000 subscribers, each paying $39 per month for access to his insights. The newsletter promises one or more posts each week, with two entries already published: “Foundations: My 1999 (and part of 2000)” and “The Cardinal Sign of a Bubble: Supply-Side Gluttony.” In the latter, Burry expressed his skepticism regarding the AI boom, labeling it a potential bubble.
Scion Asset Management officially terminated its registration status on November 10, 2025, after being established in 2013. Recently, Burry has raised concerns about inflated performance metrics among AI and tech companies, expressing bearish views on popular stocks like Nvidia and Palantir, which he believes have been buoyed by the AI-driven market rally.
In conclusion, Michael Burry’s shift to ‘Cassandra Unchained’ marks a new chapter in his career, as he continues to share his market insights and predictions with a growing audience.
**FAQ Section:**
**What is ‘Cassandra Unchained’?**
‘Cassandra Unchained’ is Michael Burry’s paid newsletter on Substack, focusing on economic trends, market analysis, and stock insights, reflecting his views on potential market bubbles.