Michael Burry
· Cassandra Unchained
· July 30, 2026 at 19:51
| Read on Substack ↗
Summary
The newsletter is a brief teaser stating that all current trades are buys or additions, with no sells. The author signals an upcoming detailed post on Microsoft, Meta, and other companies, highlighting accounting maneuvers and poor earnings quality. For markets, this suggests a bearish undercurrent on select tech names, but no actionable trade ideas are provided.
•Author explicitly states 'All buys and additions to positions, no sells' — indicating a net long bias across undisclosed holdings.
•The author is preparing a separate post on Microsoft and Meta, referencing 'lots of accounting maneuvers and poor earnings quality' as a critique of their financial reporting.
•The full analysis is deferred to a future post, making this installment a directional preview rather than a detailed trade thesis.