All of GameStop’s nearly $1 billion in cash is now at Ryan Cohen’s unilateral discretion.

RC can now use GameStop’s money to buy stocks of other companies, which may or may not involve any mergers or acquisitions.

What is really interesting and exciting about this, to me, is that it puts “our” money into his hands. It’s our money because we are GME investors, and shareholders are the owners of companies, and GameStop’s money is part of the shareholder equity that belongs to shareholders.

Ryan Cohen has a vision and a strategy, and access to valuable information, and he does not telegraph his strategy to the competition. We don’t know specifically what his intentions are, we don’t know specifically what his strategies are.

What we do know is that our interests are in alignment.

We shareholders are in alignment with the RCEO because he is also a (major) shareholder. If RC makes a move that benefits GameStop, it benefits all GME shareholders including himself and us.

If RC takes a strategic investment opportunity, we are all going along for the ride.

This is pretty great, in my opinion, because assuming that you trust RC, it means all a person needs to do is hold GME, and they will get exposure to whatever strategic investments that RC might make. As for me, I trust that RC has a better capability than myself to wisely invest in any non-GME assets.

  • jergy@lemmy.whynotdrs.orgOP
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    11 months ago

    and as RC gets more wealthy from successful strategic decisions, so too will GME shareholders. Go RC go!

    • the_q@lemmy.world
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      11 months ago

      What about the folks that aren’t shareholders? Those without the means to invest? C’mon… Investing is a scam walled of from most people. Money making money without making anything else.

      • Chives@lemmy.whynotdrs.orgM
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        11 months ago

        No disagreements there. The whole system is toxic, and the easiest way to make money is to have it already.

        I keep hearing about late stage capitalism. What comes next? Hopefully it’s a bit more equitable.