Archive · 27 Jan 2026
Michael Burry Bets on GameStop Again
Michael Burry, the investor who predicted the 2008 housing crash, is buying shares of GameStop again.
This time, he's not expecting a quick profit from a short squeeze like in 2021.
Instead, he's betting on the company's long-term value.
GameStop has a lot of cash and little debt, and its CEO, Ryan Cohen, is known for making smart decisions.
Burry thinks Cohen will use the money wisely, maybe by buying another company.
The stock price went up a bit when people found out about Burry's investment, but it's still much lower than its peak in 2021.
This shows that even in the world of meme stocks, some investors still look for good old-fashioned value.
Michael Burry, the investor famous for predicting the 2008 housing crash, has been buying GameStop shares.
GameStop's stock price rallied 4-6% after Burry's revelation, reaching as high as 8.8% before settling.
Burry is making a long-term value bet, not expecting a short squeeze like in 2021.
GameStop has $8.8 billion in cash and $4.4 billion in interest-free debt, with CEO Ryan Cohen focusing on strategic acquisitions.
Burry's investment is based on Cohen's leadership and the potential for strategic use of the company's cash reserves.
- Who
- Michael Burry, a renowned investor known for predicting the 2008 housing market crash, and Ryan Cohen, CEO of GameStop.
- What
- Michael Burry has been buying GameStop shares, betting on long-term value rather than a short squeeze.
- When
- Burry revealed his investment on Monday.
- Where
- GameStop is a video game retailer, and the stock is traded on the market.
- Why
- Burry believes in Ryan Cohen's leadership and the company's potential to use its cash reserves strategically.
- Investor
- Michael Burry
- Company
- GameStop
- Stock Price
- $24 per share
- Cash Reserves
- $8.8 billion
- Debt
- $4.4 billion (interest-free)
- CEO
- Ryan Cohen
- Burry's Strategy
- Long-term value bet
- Stock Rally
- 4-6% increase