'Big Short' Burry sells entire GameStop stake after eBay bid, says 'Never confuse debt'

Michael Burry, known as 'Big Short' for his successful prediction of the 2008 financial crisis, sold his entire GameStop holding after it made an unsolicited bid to buy eBay. "Never confuse debt for creativity," Burry said, referring to GameStop's plan to buy a company 5x its own value. He compared GameStop to Wayfair and Carvana, which struggled under debt burdens.

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