On Wall Street, Michael Burry has earned the moniker 'The Big Short.' His claim to fame stems from his uncanny ability to foresee the 2008 subprime mortgage crisis, an achievement immortalized in the film adaptation of The Big Short. On November 3, Scion Asset Management, the hedge fund helmed by Burry, unveiled its third-quarter holdings report. The document reveals that the fund is sitting on put options with a notional value surpassing $1 billion, representing a staggering 80% of its total asset base. These options are predominantly geared towards shorting two blue-chip stocks (Editor's note: In a financial context, 'star stocks' can be rendered as 'blue-chip stocks,' which denote well-established, financially sound companies with a history of stable performance. However, to maintain narrative flow, 'blue-chip' has been omitted here, and the term 'stocks' is retained) in the AI realm—Nvidia and data analytics firm Palantir.