Cassandra Unchained
Cassandra Unchained is now Dr. Michael Burry’s sole focus as he gives you a front row seat to his analytical efforts and projections for stocks, markets, and bubbles, often with an eye to history and its remarkably timeless patterns.
- Top in Finance
- #4
- Paid leaderboard
- #2
- Subscribers
- 337K
- Paid subscribers
- 10,000+ paid
- Badge
- Bestseller 10k
- Followers
- 393K
- Paid plan
- $49/mo
- Recommends
- 5
rounded by Substack
other newsletters
What they write about
Michael Burry's own market analysis, published as frequent short Trading Post notes alongside longer essays. Covers company filings and valuation work on individual stocks, currency and macro themes, and reflections on past trades and investing patience. Much of the detailed material sits behind a paywall.
- value investing
- company filings
- valuation
- macro
- currencies
Recent examples: Trading Post September 28, 2026 · Short Thoughts: A Wall Street Titan Hands Us Part V.5 of Our Heretic’s Guide to AI’s Stars
Written from Cassandra Unchained’s own published post titles and openings in Sep 11, 2026. It describes the subjects the newsletter covers, not its views, and is not investment advice.
Most-mentioned tickers
Symbols named in the headline of a post from the last 30 days, most-covered first. The number is how many of those posts mentioned it.
Read from 1 post headline in the last 30 days. A newsletter that names a company only in the body of a post will not appear here, and a mention is not a recommendation — it only means the symbol came up.
Growth history
Subscribers (thousands, nightly)
332K on Sep 10, 2026 → 337K on Sep 30, 2026
Followers (thousands, nightly)
Rank in Substack’s finance leaderboard: #4 today · #4 a week ago
Stats worth sharing
Tracked since Sep 10, 2026 — 21 daily snapshots so far. The card below is built from what we track and refreshes nightly.
- Percentile
- Top 1%
- Best rank seen
- #3
- Subscribers added
- +5.0K
- Followers added
- +6.2K
- Posts
- 15
- Reactions per post
- 320
- Reactions tracked
- 7.4K
- Tickers covered
- 5
of 525 ranked finance newsletters
on Sep 26, 2026
since tracking began
since tracking began
last 30 days
average, recent posts
across 23 posts
in tracked posts
Most-reacted post we have seen: Short Thoughts - Cassandra in Flames? — 527 reactions on Sep 3, 2026.
Recent posts
- Trading Post September 28, 2026
Today I was busy repositioning the portfolio in light of weekend research that not only uncovered but informed. Fundamentally, I am moving timelines up.
- Short Thoughts: A Wall Street Titan Hands Us Part V.5 of Our Heretic’s Guide to AI’s Stars
Parts IV and V of the Heretic’s Guide are leading into a Part VI that focuses on the financing web. I am working on that now, but this is need to know now information, so here it is.
- Abridged - Capital Cycle IQ & Forensic Files on the Big 5 Hyperscalers (MSFT, AMZN, ORCL, META, GOOG)
[I trimmed and restated the 9200 word original article down to about 1750 words for this Abridged version. This version contains slightly different, more directly stated prose and retains some of the visuals. An Abridged version accompanies every major feature article but is no substitute. The Abridged version is provided at the request of a significant portion of readership. I hope this version is clear for those that requested it. I will say in cutting 4 of every 5 words, most of the personality and some arguments are necessarily missing. As a result, I highly recommend reading the main…
- Capital Cycle IQ & Forensic Files on the Big 5 Hyperscalers
To receive new articles, short thoughts, trading posts, and access to the best chat on Substack, consider becoming a free or paid subscriber. Where are we in the capital cycle ? Every investor should know about this, even if it is not folded into one’s analysis of stocks or other investments. The capital cycle explains a tremendous amount about the biggest moves in asset prices over the last 3 decades. Value investing has been abandoned almost wholesale by the market, they say. This is not your father’s market, they say. But it really is. We are just smack dab in the middle of the capital…
- The Next Big Deadly Fire Nightmare is Being Incubated Right Now by the State of California
The City’s Own Report Demonstrates People Could Die. The City, Fearing the State, Approved the Project Anyway. We Sued. The petition: saratogacred.org Never Forget On November 8, 2018, the Camp Fire overran Paradise, California. At its peak, the fire consumed the equivalent of one football field every second. Eighty-five people died, some in their cars, trapped in the gridlock created by poor escape routes. There were just too few roads out of town while the fire moved faster than traffic. In addition to the 85 people who horrifically lost their lives, nearly 19,000 homes and structures…
- Trading Post September 22, 2026
We are all watching the big game, the NASDAQ 100, historically overvalued, and historically top heavy, looks about to drag all that weight to a new all-time high. Meanwhile the CEO of Acer is talking about a chip glut again. https://money.udn.com/money/story/5612/9764832 “Chen Chun-sheng stated that the price increases of key components this year are unprecedented, with customers going from complaining to scrambling to buy. Acer has also increased its inventory of low-priced components to cope with the situation. However, overall, the company faces pressure to raise PC prices every quarter…
- Trading Post September 21, 2026
The house party is packed, pushing AI higher today but I am largely ignoring the “woo-hoos.” I’m out in the backyard with my flashlight, seeking. I strike out at the salamander. Multicolored or just green, I blink and remain unsure. It blinks. Perhaps from the ravine. I fiddle in my pocket for the zinc nut and a bit of string. The crawfish are no match for this trick, and soon I have a handful. I put them in my pocket. Seeking. I leave the tadpoles be. I think of copper, and how it gets prettier as it ages. Those tadpoles face a different fate, and they will eat flies. Back to copper.
- The Heretic’s Guide to AI’s Stars Part IV: The Big 5 Hyperscalers & the Missing $3 Trillion
Oracle is now in, so I can do this right. Slotting in Parts IV, here, as well as V and VI in relatively short time frames hereafter. The CEOs and CFOs of all five hyperscalers have certified the accuracy of their SEC Forms 10-K and 10-Q, with criminal penalties potentially attaching to knowingly false certifications. This is the stuff. Cassandra Unchained offers Full Length Articles, Trading Posts, Short Thoughts, the livelies Chat Discussions on Substack, with impromptu AMAs with Dr. Burry and more. Subscribe through the web site to save on in-app charges The hyperscalers are entering a new…
- The Sickle Cell Development Fund
One of my starkest memories as a medical intern is of patients literally lining the walls adjacent to the Elvis Presley Memorial Trauma Center in Memphis, Tennessee. These patients were sitting down, dozens of them. They all were doing the same thing. Breathing. You see, these were sickle cell patients, and the oxygen that these patients were inhaling through their masks was providing needed relief. Oxygen was no cure, nor even very effective relief. But some relief, any relief, clearly comforted these patients. One does not see this in every hospital, but it brought home for me the disease…
- Trading Post Friday September 11, 2026
This is going to be short. I sold a position in full to increase my stake in another substantially.
- Shorting the Dollar by Drinking Free First Growth Bordeaux For Life
During my couple of decades running money for others, I was often asked to share alternative ideas that I had came across, worked up and found interesting. Alternative investments are ideas away from traditional stock and securities markets that nevertheless comprise an investable asset. Typically these assets would not be stock replacements but rather non-correlated with stocks and even bonds. In fact, alternative investment theses would have to be unique, thoroughly researched, and heavily non-correlated to make the inevitable friction of moviing away from publicly-traded securities markets…
- Shorting the Dollar by Drinking Free First Growth Bordeaux
At some point in the near future, AI along with quantum computing may have our digital assets on the run. Crypto, yes, but also our bank accounts, our investment accounts, our pensions, Social Security, health insurance. IBM sees delivering its large-scale fault-tolerant quantum computer, Starling, by 2029. I wonder who or what will be allowed to be a customer. (By the way, I recommend the IBM Quantum Computing Blog , a fun follow.) I asked an IBM quantum engineer. He said he did not know, did not care. There are few guardrails on progress, which is maybe as it should be. Systems will adapt…
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Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: Cassandra Unchained. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Sep 30, 2026.