25-Year-Old Investor: 'I Sold Nvidia and Others!'

Nvidia shares were purchased at $101 by a 25-year-old investor who has made significant gains in the wave of artificial intelligence, and he has decided to sell his entire portfolio. This investor attributed the reason for his sale, which includes top-performing stocks such as Broadcom and Alphabet, to uncertainty in the markets and overvaluations.

In a post on Twitter, he stated, "I SOLD EVERYTHING because I fear a market crash." Despite having gained about 12% this year, he expressed that he believes the risk is too high.

The investor noted that he was influenced by factors such as inflation, tariffs, and unemployment, as well as moves by hedge fund manager Michael Burry. "What Michael Burry did scared me, and I followed his lead. I sold, but I did not short-sell," he added.

Michael Burry is a renowned investor who predicted the 2008 housing crisis. In a warning at the end of October, he stated, "Sometimes we see bubbles. Sometimes we need to intervene. Sometimes the only winning move is not to play." Burry's Scion Asset Management announced that it has taken large positions against significant AI stocks. It holds approximately $186 million in options for Nvidia and over $900 million in put positions for Palantir.

The Reddit user, in response to these moves, has liquidated all his investments. He also mentioned that he sold shares of Johnson & Johnson and Realty Income, which he had held for a long time. He is currently keeping cash to wait for a potential crash.