The Nasdaq-100 index closed at a record 31,076, gaining 0.87% and securing its second consecutive record close. On Jan. 31, 2023: the day Burry posted simply “Sell” the Nasdaq-100 closed at 12,101.
That puts the index up roughly 157% since the warning, meaning $10,000 tracking the benchmark would have grown to about $25,700 before fees and dividends. Nasdaq data compiled by the Federal Reserve confirms the 2023 starting level, while the latest close is 31,076.44.
Burry’s “Sell” Call Needs Some Context
The comparison is striking, but Burry’s original message was more complicated than a simple long-term bearish call on technology stocks.