Michael Burry is short $NBIS. Worth understanding who’s on the other side of that trade. Arkady Volozh started building search technology in 1989, a year before the Soviet Union collapsed. He founded a search software company in 1990 and spent the next several years building electronic search for patents, Russian classical literature, and the Bible. In 1997, one year before Google existed, he co-founded Yandex. He ran it as CEO for 25 years and built it into the dominant search engine of an entire country, one of the very few places on earth where Google does not win. He took it public on Nasdaq in 2011 and grew it to roughly $30 billion, expanding into maps, ride hailing, e-commerce, cloud, autonomous vehicles, and machine learning. Then in 2022 he lost essentially all of it. Sanct
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