'Big Short' investor Steve Eisman says tech stocks no longer hold the key to outperforming markets as focus shifts to green energy and infrastructure

• With tightened policy, tech stocks won't outperform markets as easily, "Big Short" investor Steve Eisman said.
• Instead, a paradigm shift towards green energy and infrastructure will probably occur.
• Faced with economic uncertainty, Eisman has started investing in bonds, especially two-year Treasurys.

The stock market playbook over the last 10 years of investing in technology and "hyper growth" companies with no earnings may soon be a thing of the past, Neuberger Berman's Steve Eisman said.

Assuming the Federal Reserve keeps benchmark rates higher for longer, tech stocks will no longer beat markets reliably — and the focus might instead shift towards "greenification," industrial onshoring and infrastructure, he said in a CNBC interview on Monday.