If a Stock Market Crash Is Coming, Billionaire Investor Bill Ackman Says You Should Do This 1 Thing Right Now
Key PointsWith artificial intelligence raging, Bill Ackman's fund now owns several hyperscalers, benefiting from AI.
Legendary investor Peter Lynch has chosen to disregard warnings of a potential stock market crash, despite recent calls from two high-profile investors for caution. Michael Burry, who famously predicted the 2008 housing market collapse, recently declared the AI stock market bubble was about to burst. In a post on X, Burry noted the market was in the "first stage of grief, denial" and warned it would last 6-9 months. Burry has been shorting AI stocks like Nvidia, Palantir Technologies and Micron Technology.
Billionaire investor Ray Dalio also joined the bearish chorus. At the Forbes Global CEO Conference in Singapore, Dalio argued the AI boom's reliance on mounting debt and higher interest rates could trigger a sharp market correction. Dalio stated the combination of increasing debt to fund AI infrastructure and rising interest rates could result in a significant market pullback. He suggested that factors such as a wealth tax or the need to repay loans might also contribute to a market crash.
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