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00:02Michael Burry said media coverage of his Palantir short misrepresented his position
00:06and overlooked his valuation and accounting concerns in an ex-post on Monday.
00:11He said outlets focused on headline notional size and downplayed his analysis.
00:15He said his detailed breakdown later silenced critics and led to more cautious coverage.
00:21Burry frames himself as a contrarian investor who challenges popular market narratives
00:25and questions widely favored stocks.
00:27He has argued Palantir is a low-margin consulting business presented as a high-growth AI platform.
00:33He also points to accounting concerns such as accounts receivable growing faster than revenue
00:38and heavy stock-based compensation and dilution,
00:41which he links to aggressive revenue recognition and extended payment terms.
00:45In February, he set a fair value of about $46 per share and warned of a potential 60% to
00:5165% decline.
00:53CEO Alex Karp called the claims crazy.
00:55For all things money, visit Benzinga.com.
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