Burry's GameStop Regret: $1B Lost
Update: 2025-12-17
Description
Michael Burry, known for his role in The Big Short, invested in GameStop in 2018, seeing potential for growth. He initially sold due to lack of movement but reinvested, acquiring a significant stake. Burry lent shares for high returns, selling by November 2020 at $3.38 each. Retail investors later caused a short squeeze, sending stock to over $120. Burry regrets selling, acknowledging he could have analyzed better and missed the peak.
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