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'Never confuse debt for creativity'
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'Never confuse debt for creativity'

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The "Big Short" investor said the proposed deal's enormous leverage shattered the investment case he had been building.

Michael Burry dumped his entire stake in GameStop after the company's audacious bid for eBay , saying the deal's heavy leverage shattered the investment case he had been building. "I sold my entire GME position," Burry said in a Substack post late Mo... [2436 chars]

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Source: CNBC

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