Burry Long Gamestop

  • Dr. Micahel Burry of Big Short fame is long Gamestop.
  • Nearly 60% of the stock is out on loan to shorts. Often this is a great set up for going long a stock if you believe things won’t be that bad.
  • He has written a letter to the board advocating a buyback in the face of short sellers. You can find it on this Market Folly link. There is also an interesting interview in Barrons with the man himself on the thesis.
  • NB Market Folly is a great site that tracks what big names in the US Hedge Fund world are up to.
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