Michael Burry, The Hedge Fund Genius Who Started GameStop’s 4,000% Rise, Sold Before Its Reddit Surge

Michael Burry, the hedge fund investor who built a massive position in GameStop before it became a meme on Reddit, sold his entire stake in 2020. The sales mean he missed out on a Reddit-fueled 2,000% surge in the video game retailer at one point in 2021, which would have made him over $1 billion.