Michael Burry

Summary

In 2018, Michael Burry invested in GME and later wrote a letter to the then-board of directors, recommending a stock buyback
Michael Burry sold his entire GME position by the end of 2020 at a significant gain. His involvement arguably played a major role in the lead up to the sneeze
In January 2026, Michael Burry returned and revealed that he has been buying GME

Timeline

Late 2018: Michael Burry opens a GME position
August 16, 2019: Michael Burry writes a letter to the GameStop board of directors encouraging a stock buyback
Keith Gill's first post on Reddit as DeepFuckingValue (September 8, 2019) referenced Burry's involvement with GME
In November 2025, Burry deregistered his hedge fund, Scion Asset Management, and subsequently announced his concerns about an AI bubble, specifically with respect to Nvidia and Palantir. Burry then revealed additional information relevant to GME, notably that in 2019 he received correspondence from both Ryan Cohen and Keith Gill.
December 15, 2025: Michael Burry releases part 1 of 2 of a mini-series about GME, titled Foundations: The Big Short Squeeze
January 26, 2026: Burry releases part 2 of 2 of the mini-series about GME, titled Final Stop GameStop: The Jig is Up, in which he states:
- “I own GME. I have been buying recently.”
- “I believe in Ryan, I like the setup, the governance, the strategy as I see it. I am willing to hold long-term, and I am excited to see where this goes. I am fifteen years his senior, but not too old to be patient.”
- “Being long GameStop is almost as asymmetric as it gets these days in US common stocks”