Michael Burry Adds to PayPal Bet: 'The Body Has Yet to Show'
Michael Burry, the investor known for betting against the housing market in 2008, has added to his position in PayPal (PYPL), stating on Substack that 'the body has yet to show.' The cryptic comment suggests he believes the stock's full potential is not yet realized.
Michael Burry, the famed investor from 'The Big Short,' has increased his bullish bet on payments company PayPal (PYPL). In a post on Substack, Burry noted that he added to his position, adding the cryptic comment: 'The body has yet to show.'
Details of the Increase
Burry did not disclose the size of the increase or the purchase price, but confirmed he remains bullish on the stock. He first revealed a stake in PayPal in Q4 2025, according to SEC filings.
Context
PayPal's stock (PYPL) has underperformed relative to peers in the payments sector, making it a potential value play for long-term investors. Burry is known for investing in undervalued stocks.
What It Means for Investors
Burry's increased stake may signal confidence in PayPal's ability to improve performance and drive future growth. However, investors should exercise caution and not rely solely on the moves of a single investor, no matter how famous.
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