🎙️ podcast Analysis November 23, 2025 All-In with Chamath, Jason, Sacks & Friedberg

The Great Confiscation Trade: Betting Against Burry's AI Short While Riding the Exodus Economy

Data Infrastructure Government Technology International Real Estate
Tickers
3 Picks
Conviction HIGH
Risk Profile 2.3/10 (MODERATE RISK)
Horizon 18-24 months

Executive Summary

Market Consensus: Michael Burry's AI short validates concerns about inflated earnings from extended depreciation schedules, while Palantir's 137x sales multiple represents bubble territory. Variant Perception: Burry fundamentally misunderstands data center economics - the transition from storage to processing has legitimately extended hardware lifecycles. Palantir's premium valuation reflects its unique monopolistic position with zero viable competitors, unlike every other enterprise software co...

Key Investment Opportunity

Anti-Burry AI Infrastructure Play

Michael Burry's AI short is based on a fundamental misunderstanding of data center economics. The transition from storage-heavy to processing-heavy infrastructure has legitimately extended hardware lifecycles. When Google's head of AI Infrastructure states that 7-8 year old TPUs are running at 100% ...

...and 1 more investment opportunities

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