“The Big Short” real-life model, Michael Burry, discloses his latest short portfolio, for the first time shorting Caterpillar, the best-performing stock in the S&P 500 this year $CAT (up 86% in the first half).

On the same day, he also opened shorts in the NVIDIA, Applied Materials, Tesla, and the Philadelphia Semiconductor ETF $SOXX .
The hottest picks in AI infrastructure—he went short on them all at once.
Burry’s judgment is: the valuation has reached extremes he hasn’t seen in 30 years—“it’s just a matter of time.”