Investor warns AI cybersecurity risk mirrors Feb 2020; Marc van der Chijs cuts all leverage
marcvanderchijs · x · 2026-10-27
Investor @michaeljmcnair issued a rare public bearish call: the market is dangerously complacent about imminent systemic AI-related cybersecurity risk, with the same shape as the pandemic setup in early February 2020 — weeks before the market fell 35% in a month. He argues this one is arguably worse, noting his threshold for public bearish calls is extremely high and he has only made one before.
Marc van der Chijs says he shares the concern; though most people tell him he's overthinking it, he has taken all his leverage down to zero as a precaution.
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