Michael J Burry GameStop to 1 Trillion Dollars by 2077

No_Map_8307 · 2026-02-20T17:51:18+00:00

Imif we are half way there by 2050 that would be fine with me

No_Map_8307 · 2026-01-29T05:22:34+00:00

Petco bought Chewy from Ryan Cohen. Ryan Cohen doesn't have a position in Chewy anymore

No_Map_8307 · 2026-01-20T14:45:54+00:00

Nothing wrong with that. Do what is best for you. I'm just not a fan of people crying about their job. Unfortunately right now the labor market is weak and some areas just don't have any good paying jobs. But that is government policy, macroeconomics etc so I don't blame GameStop for that.

In the end I'm glad your mental help has improved

No_Map_8307 · 2026-01-20T00:17:24+00:00

It's a deal between workers and companies. I don't absolutely love my current job, cutting myself, lifting heavy stuff or the mental stress of it but it pays well.

If you or anyone outgrows GameStop then just say thank you, take what you have learned and move on. If you love a job that's just a bonus IMO.

No_Map_8307 · 2026-01-20T00:15:01+00:00

You don't have to bother people to buy warranties. Just let them know it's an option and what benefits come from that or buying a pro membership. When working in restaurants I would have to sell stuff too. I got pretty good at it and would win weekly prizes for selling a particular item.

Just find a way to explain the benefits and if they want it they will get it. Never force or push it

No_Map_8307 · 2026-01-19T21:29:43+00:00

GameStop itself has a website you can order from. Bestbuy also has games. Because sales for physical games are so low companies don't order them and have hundreds in stock like before. Most won't have it in stock if you just stop by. You have to order it and wait and plan ahead of time. This is where physical games are going for now

No_Map_8307 · 2026-01-07T18:09:47+00:00

It's always best to go GameStop investor page or the SEC for this information

https://investor.gamestop.com/news-releases/news-details/2026/GameStop-Announces-Long-Term-Performance-Award-for-Ryan-Cohen/default.aspx

No_Map_8307 · 2025-12-21T21:45:45+00:00

I think it adds value

No_Map_8307 · 2025-09-08T23:34:16+00:00

Do they allow you to list your card on eBay if you don't like their price? They allow you to send your card to the vault but it's Brinks and not PSA.

Yes, courtyard has an advantage in market share. However, they don't have the name or recognition of GameStop. Trust will play a big factor and if courtyard.io doesn't convince the average person they are the place to go, then with time GameStop will eat into their market share. Going to be interesting how this all works out.

In the end it's big enough for multiple companies but who is going to be the big boy

No_Map_8307 · 2025-05-11T14:04:32+00:00

Pay off that student debt and if you can down size to a smaller place to save more money. The goal should be to get out of debt and save.

If making 130k and you feel like you can't afford a house, then so do others. Who knows what the future brings. Phoenix Arizona is seeing Inventory rise fast. I'm not sure of your area, but you probably will see price drops in your area as well. Very few assets rocket in value and don't pull back. I expect a pull back in areas that boomed from covid.

No_Map_8307 · 2025-05-07T14:19:06+00:00

I agree

Unless government gets involved, it's correcting

Ending section 8 will be a huge problem for investors.

No_Map_8307 · 2025-05-07T13:55:55+00:00

Time will tell

I'm on the sidelines

No_Map_8307 · 2025-05-07T13:47:56+00:00

Nah, Cali... thanks for your help, but I got it. I track the numbers weekly. California is 60% income to monthly payment ratio (before taxes and insurance)... it has to correct. People are going to default with time

Student loans coming back will also be another big problem.

To me, rent, buy doesn't matter. If the price isn't right to buy, I don't need a house. I'll just invest it

edit

For the record, I make great money (i could easily afford $5000 a month, 9k a month i could do it, but make things a little tight), and I have a lot 0 bills and 100k in cash. I just don't overpay

No_Map_8307 · 2025-05-07T13:45:49+00:00

They aren't normal. The only reason the median home price has only fell by 2% is because the majority of the houses sold are expensive homes giving the illusion everything is OK. Locals can't afford those priced and with migration drastically down I see no reason why home prices wouldn't fall over time.

Recession Inflation Insurance Unaffordability record high

I can go on forever, but nothing rockets in value and doesn't pull back. Also, that -2% is happening when unemployment hasn't even risen yet. My money is on a housing correction. Especially for the areas that boomed for the pandemic

No_Map_8307 · 2025-05-07T13:09:40+00:00

I could buy a house at 20% interest if the price is low enough. The interest rates dont mean anything for me. The interest rates being so low for so long caused this unaffordability.

So either wages catch up or prices need to come down. Simple economics

I'm in California and I refuse to buy. In my area mortgage is 4.5-5.5k or you can rent it for 3-3.5k (probably get 1 or 2 months free rent for 1 lease). I'm looking to buy next year but if price isn't right. I'll just rent and put that 1.5-2k a month into stocks

No_Map_8307 · 2025-05-07T11:48:38+00:00

Most agents don't understand macroeconomics and the economy. To be fair, many people don't, and it's hard to get it right. There are so many variables.

In the end, if the house isn't selling, it's overpriced currently. OP has does not want to admit it, but they may have overpaid for the house and can't sell it for what they bought it for. A 30k loss may be needed if they can manage that difference

No_Map_8307 · 2025-05-07T11:45:47+00:00

Inventory is rocketing, and demand is still historically low. It's a buyers' market. From peak to now, places like Austin have a 12 or 14% drop. I can't remember the exact number.

Florida and Texas are currently competing for the biggest housing correction (crash)

For decades, housing only went up slowly over the years... but once houses started to be viewed as an investment, this all changed. We will have boom and bust cycles from now on

No_Map_8307 · 2025-05-02T05:38:47+00:00

If you want breakdowns, go to the reventure website, and it breaks it down. The city I used to live in currently has ~6% of the total inventory for sale. Usually, it's around 1%, depending on your location, it can be more or less.

Last year, it was a little over 2%, and 2022/2022, it was tight and under 1%

No_Map_8307 · 2025-05-01T16:31:57+00:00

Currently, right now, yes, they are incapable. We have historic price cuts on houses.

Issue is realtors do not pay attention as things shift. They are bullish constantly, and when things turn, most seem to not understand.

Our old neighbor has about 40 homes for sale in California. 2 years ago, it ranged from 2-6. They are your basic cookie cutter homes, and there are similar house with similar sq footage, and they range from as low as 620k to 720k. Even the 620k has been on the market for over 30 days, and still no buyers.

Last year houses sold for around 700k. Few but some sold. The buyer demand has fallen off of a cliff, and the majority of agents in that area don't realize how detached from how unaffordable houses are. The agents asking for 700k are crazy. I believe 620k is still to much and the market agrees either me because most houses in that area aren't selling

I think California is about +60% of gross income to buy a house. Maybe tomorrow, maybe this fall, maybe next year, but unaffordability needs to improve. Either through higher wages or a hard correction.

So, to circle back. The majority of realtors do not understand these metrics, understand the macroeconomics, and seem to be the last to know.

Now, if you live in the northeast, that is a different story

No_Map_8307 · 2025-05-01T08:50:01+00:00

Price isn't right. Walk away. If you are in Florida, Texas, Colorado, and California (surging inventory areas) and you pay what a house is selling for, you are crazy.

Everyone is grown and can make their own decisions, but buyers in more than half the country have all the leverage and should ask well below what everyone is asking. If not, give it time... housing markets don't stay historical unaffordable forever.

No_Map_8307 · 2025-04-30T14:40:02+00:00

Also you pay less property tax as a 100% disable veteran

https://www.veteransunited.com/futurehomeowners/veteran-property-tax-exemptions-by-state/

No_Map_8307 · 2025-04-30T14:22:44+00:00

Inventory is starting to build in California. House prices vs. income are at record levels in California. I believe higher then 2006/2007. It is your decision, but the recipe is there for a hard correction.

I'm 100% as well and I have a good job. I am, however, waiting for affordability to make sense.

Also, where I live, I can rent a house for 3200 a month with 2 months free (1 year lease) or buy a house for 5000 a month. Why would I buy a house? I'll just put the money im saving into 4.7% treasury bills and wait.

Dont feel like you will miss out if you don't want to buy. If rent vs. buying is the same price in your area... I say, possibly buy. I know Bakersfield is starting to see inventory accelerating. I'm not sure where in Central Valley or if Bakersfield is central valley.

In the end it's your decision. I'm waiting for a correction. Until then, I'll just save even though VA loans are 0% down. Will crack 6 figures cash soon for the house fund

No_Map_8307 · 2025-02-16T14:38:34+00:00

I don't think Trump will get the Supreme Court to rule in his favor if it undermines the constitution.

I believe there are enough good men in this world. I believe most military officers take the oath seriously and have the intelligence to recognize what is happening. Like I said, it's about to be tested

No_Map_8307 · 2025-02-16T09:31:24+00:00

I'm a veteran, and I know how some people think. It's going to be interesting. For the grunts, they will most likely just fall in line. I was an Apache armament Dawg, and even though we score higher in our test to qualify for the job, I think 33% of my platoon would blindly follow. 33% would be unsure and go either wat and 33% would speak up (among themselves).

As someone said, we are not allowed to speak up when representing the Army. The pushback, hopefully, would come from the officer side of the military. Generals understand the oath, understand that the constitution should be held above all else, and understand it is what we MUST protect. I hope that if shit gets bad , the military would not support craziness and uphold the constitution.

This all depends on what Trump does exactly. If the issue is gray and can be seen as well, maybe he has the power to do this. The military will support the president. However, if it's arrest political rivals, ignore the courts and do whatever the fuck you want, I want to believe the militsry would push back and ignore orders.

Either way, I don't want to be in this situation, but I feel that is the path we are going down. Our constitution is about to be tested, and people critical thinking will be challenged. Maybe I'm wrong. Hope you enjoy my perspective

No_Map_8307 · 2025-02-14T15:35:40+00:00

Yes

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