The Hollow Men American capitalism is rotting from the head down. We have replaced the "Owner-Operator"—the risk-taker-with a new, parasitic class of corporate bureaucrat: The Risk-Free Insider. By "Insider," I am not referring to a specific title. I am referring to the entire

Ryan has rougher edges than Buffett, but that just makes him more modern in approach.

#BBBYQ has been hollowed out ready for a Berkshire Hathaway to be built inside its shell.

Let’s see, we got… 1. GameStop’s ‘Investor Page’ changed to mimic Warren Buffett’s Berkshire Hathaways ✅ 2. Big Short legend Michael Burry calls Ryan Cohen “the next Warren Buffet” ✅ 3. Ryan Cohen says $GME is aiming to do what Berkshire Hathaway achieved, only much faster

The biggest due-diligence of my life is now live at bbbwhy.com. It covers the $BBBYQ bankruptcy strategy, my theory on who $GME's target acquisition is, how Ryan Cohen exactly is going to build the next Berkshire, as well as WHEN I think this is all going to happen

HBC has filed their response to the estates appeal for dismissing the 16b case against them courtlistener.com/docket/7180001… $BBBYQ 🦋

eBay 👀 $GME

eBay is too big for GME to buy outright at current prices, so “control” has to come from a governance / activist angle rather than a classic 51% ownership bid. Which leaves really three ways GameStop can go about doing this. Path A - Classic activist stake - Use $2-4bn of GME

x.com/i/article/2028…

I still think that $GME acquiring $IEP in addition to the Butterfly shell makes sense. - Bretts succession plan started the same time Ryan was buying into $GME. - Brett assembled a M&A execution squad team immediately. People who evaluate distressed assets, structure deals,

The Hollow Men. Ryan Cohen

In light of market events, I am making this article free for the next 24 hours. Foundations: U.S. Market Structure & Value Powerful Trends, Increasing Fragility & Coiled Tension open.substack.com/pub/michaeljbu…

You really think they just went into voluntary Chapter 11, rushed to delist the securities and within 159 days that's it, that's the end of the story? Where are the reverse splits? Why didn't we continue trading to today in fractions of a valuation? Because 🔍 🏦 🦋 🚀 😶

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GameStop $GME now have further CLARITY on Digital Collectibles and the (potential) return of the NFT Marketplace Yesterday (March 17th) the SEC released an official Interpretive Release (joint with the CFTC) here sec.gov/rules-regulati… Because this is officially an

FROM TODAY'S $GME 10-K “We view our significant cash and liquidity position as a strategic asset to be deployed into acquisitions, and control transactions that offer long-term value.” and “While the Company has no binding agreements for a specific transaction at this time, we

On January 7, 2026, $GME issued forward guidance targeting a 10x increase in market capitalization in under a decade, paired directly with a performance-based compensation framework for Ryan Cohen. The structure strongly implies that value creation will be driven by

The investment committee at $GME has Material Non Public Information and cannot make insider purchases at this time.

Luke O'Libre Here are my thoughts on this, curious to hear your legal brain's immediate reaction / opinion on my reasoning (not asking you for legal advice). On March 24, 2026, GameStop released its earnings results for the fourth quarter and full fiscal year 2025, covering the period ending