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Michael Burry Admits Missing The Biggest Short Squeeze In History— GameStop's 'Gamma Squeeze' That Broke Wall Street - GameStop (NYSE:GME)
Benzinga· 2025-12-16 19:08
Legendary investor Michael Burry, best known for predicting the 2008 financial crisis, admitted in a candid Substack post on Tuesday that he sold his massive GameStop Corp. (NYSE:GME) position just weeks before the historic January 2021 rally.Despite initiating the trade in 2019 and pushing the board toward the aggressive share buybacks that reduced the float, Burry's Scion Asset Management, which is now de-registered, exited in the fourth quarter of 2020, missing a potential $1 billion windfall.Check out G ...