大空头Burry警告美股将重演“2000年”熊市:资本开支逼近顶峰,两年足够AI泡沫破灭!

华尔街见闻
Dec 05, 2025

近日,以准确预测2008年次贷危机而闻名的“大空头”Michael Burry接受了一档播客节目的访谈。在对话中,Michael Burry对当前美股市场的展望持极度悲观态度,认为未来几年可能会迎来一场类似2000年的长期熊市。他判断,由于被动投资(指数基金)占据市场主导地位(超过50%),未来市场下跌时将是“一体下跌”,在美国很难靠多头仓位保护自己。Burry将当前的AI投资热潮类比为2000年...

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