"A pet-supplies entrepreneur turned video-game retailer CEO who's been dubbed the "Meme King" might seem an unlikely candidate for the next Warren Buffett."
"Cohen told Business Insider in October 2020 that Buffett was one of the " two biggest influences on my professional life," along with his father. He credited the legendary investor with shaping his ability to think independently, be greedy when others are fearful, and exercise discipline in capital allocation."
""I believed he possibly had the temperament to be the next Buffett, but I did not get to know him that well," Burry wrote."
Ryan Cohen applies Buffett-style patience, concentrated conviction, and disciplined capital allocation to investing and corporate leadership. A background that spans founding Chewy and later leading GameStop reflects a shift from entrepreneur to activist investor. After selling Chewy for over $3 billion, Cohen concentrated his wealth into Apple and Wells Fargo, then revealed a GameStop stake in fall 2020 and joined its board in January 2021. A first contact between two value investors occurred in October 2019 after both built sizable GameStop stakes; Cohen indicated a willingness to wait years for investment payoffs, signaling unusual patience.
Read at Business Insider
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