The story of Michael Burry's Incredible Bet on GameStop 🤖
When discussing Michael Burry's most notable stock picks, it's hard to overlook his significant stake in GameStop (GME), a position that he initiated in 2019. Dr. Burry, best known for his early bet against subprime mortgages as depicted in the movie "The Big Short," has always had a knack for identifying deeply undervalued stocks or sectors.
In this article we will go looking at the Michael Burry case study with GameStop and lessons investors can apply to implement a Michael Burry strategy to their own investment approach.
He was rumored to make over 200% on the trade, so let’s dig in….
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