Michael Burry said he remembers the responses he got when he claimed in 1999 that it was a bubble.

There are two parts: (1) Burry made this statement in 2025; (2) the statement rests on the premise that he called a bubble in 1999. TRUE: a verifiable 2025 post, letter, interview or article attributed to Burry contains the remark or a close paraphrase, and records exist of him calling a bubble in 1999 (e.g. his Silicon Investor posts, MSN Money columns or Scion-era writings). MOSTLY TRUE: the remark is verified but the wording or exact year differs slightly. MOSTLY FALSE: the remark is verified, but records show he did not call a bubble in 1999 (e.g. he did so only in 2000 or later). FALSE: the remark is shown to be misattributed or fabricated.

Set before the research began.

1. E1 Foundations: My 1999 (and part of 2000) - by Michael Burry (copy on Scribd) Michael Burry, Substack (copy hosted on Scribd) · 24 November 2025 Own record

   “Thad received significant pushback from VSN readers when I bought Apple”

2. E2 Foundations: My 1999 (and part of 2000) - by Michael Burry (copy on Scribd) Michael Burry, Substack (copy hosted on Scribd) · 24 November 2025 Own record

   “As I was describing, it was a bubble on paper and pavement.”

3. E3 Why The Big Short Bros Are Back News From The Future · 13 December 2025

   “In the 1990s, I published Valuestocks.net, which Forbes twice named “Best of the Web,” and I wrote for Microsoft’s MSN Money as the Value Doc.”

4. E4 Foundations: My 1999 (and part of 2000) Michael Burry (Substack, Cassandra Unchained) · 23 November 2025 Own record

   “Threading a theme I know, here is 1999 through my eyes at the time. I was 27 at the start.”

5. E5 Dr Michael Burry: Silicon Investor Posts Hedge Fund Alpha · 26 October 2026

   “The dot-com bubble was reaching its height, and Michael Burry wanted to know why the market was acting so irrationally.”

6. E6 Learning From Michael Burry ValueWalk (by Street Capitalist) · 31 December 2015

   “What is funny is that in his SI posts, you could see that Michael Burry was already suspicious about the possibility of a housing bubble back in 1999 with a post about Washington Mutual:”

7. E7 Learning From Michael Burry ValueWalk (by Street Capitalist) · 31 December 2015

   “From the period of 1996 to 2000, Michael Burry wrote 3,304 posts or about 2.3 posts per day.”

None of the evidence contains the quoted remark or a close paraphrase of it. Burry's November 2025 Substack post about his 1999 (E1, E2, E4) mentions pushback from readers, but that pushback was over his buying Apple, not over a bubble call. The post also describes 1999 as "a bubble on paper and pavement", but that is a description looking back, not a remark about how people responded to his calling a bubble. Independent sources say Burry wanted to know why the market was acting so irrationally as the dot-com bubble neared its height (E5) and that he suspected a housing bubble in 1999 (E6), but the quoted passages do not show him calling a market bubble in 1999 or confirm the 2025 remark. So neither part of the criteria is settled.