dirtymfer.eth

Diamond handed smooth brain who likes to play with toy cars on the daily. Mfer #5038. GME investor since 2020.

[Ryan Cohen @ryancohen]

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 administrative state that has captured the modern corporation. This includes the Directors who exist solely to collect fees, the Executives who exist solely to collect bonuses, and the Managers who exist solely to hire consultants.

These are the hollow men of the boardroom. They are masters of PowerPoint. They wear the right suits. They say the right buzzwords about "governance" and "ESG." But they are mercenaries fighting a war with someone else’s ammunition.

In a functioning economy, authority is tied to liability. If you make a bad decision, you lose your own money. That fear of loss is the only thing that keeps a business honest. It forces you to cut waste, obsess over the customer, and stay late to fix what is broken.

Today, we have severed that link.

We have rigged the game so that heads, the Insider wins; tails, the shareholder loses.

If the stock goes up, the Insider collects a massive performance bonus. If the stock crashes due to their own incompetence, they are fired with a "Golden Parachute" worth tens of millions. They are gambling with the house’s money, and they never leave the table poorer than they arrived.

This looting starts in the boardroom.

We have normalized a "Country Club" culture where directors are selected based on social profiling rather than their ability to build a business. The modern board member is often a professional tourist—paid an average of $350,000 a year.

Let’s be brutally honest about what that number represents. The average director is paid nearly five times the GDP per capita of the United States. They earn more for attending four quarterly lunches than the vast majority of Americans earn in five years of hard labor.

And for what?

Most of these directors are "over-boarded," sitting on three or four boards simultaneously. They treat directorships as a gig economy for the elite. They fly in, rubber-stamp a compensation package they didn't read, and fly out. They collect checks from companies they do not understand, do not use, and certainly do not love.

They are not there to ask hard questions. They are there to be collegial. They are there to protect the other Insiders.

And what happens when these boards hire executives who also have no personal capital at risk?

We get the Delegation Economy.

When a Risk-Free Insider faces a crisis—bloated expenses, a broken supply chain, or a stale product—they do not roll up their sleeves. They hire a consultant. They pay a strategy firm millions of shareholder dollars to produce a 100-page deck telling them what they already know.

This is not management. It is intellectual money laundering.

They use shareholder capital to buy an insurance policy for their own careers. If the plan fails, they can blame the consultants. They delegate the work because they are terrified of the responsibility. They would rather preside over a slow, comfortable decline than risk a bold mistake.

While American Insiders are busy optimizing their severance packages, our global competitors are optimizing their products. They are not slowed down by bureaucracy. They are not waiting for a slide deck. They are outworking us.

If we continue to fill our C-suites with administrators instead of operators, we will lose our edge. We will see iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners—the shareholders—are left holding the bag.

The time for polite governance is over.

If we want to save the American economy from mediocrity, we must demand a return to the "Owner’s Mentality." We need leaders who treat shareholder capital with the same reverence they treat their own savings. The era of the Risk-Free Insider must end.

[Cassandra Unchained @michaeljburry]

@ZaherTPI 2077:
$PLTRQ
$GME $1 trillion dollars
Fixed that for you my friend.

[dirtymfer.eth @BO8CAT]

@ryancohen This guy Regards. RCEO will go down as one of the greatest of all time with this mentality. Involved, risking his own money, taking calculated risk with a team that believes in the mission. So many reasons to invest in GameStop. Onward and upward.

[Cassandra Unchained @michaeljburry]

@BO8CAT Thank you, and oh yes.

[dirtymfer.eth @BO8CAT]

@michaeljburry @michaeljburry Michael, appreciate the write up and your perspective. As a long term investor of GME, I am curious to know if you are aware of the SubReddit dedicated to this topic, and the massive amounts of due diligence discussed. https://t.co/rZ05ORme0f

[dirtymfer.eth @BO8CAT]

@greg16676935420 Can you be the Chief At Tweeting? You know… CAT sounds like a pretty good title.

[dirtymfer.eth @BO8CAT]

@sartoshi_rip Wait, wud I miss?

[Roberto Rios @peruvian_bull]

BOOM

they're using the ETF loophole to settle FTDs!

https://t.co/BPO2Uh366v

[dirtymfer.eth @BO8CAT]

@TheRoaringKitty Guh

[dirtymfer.eth @BO8CAT]

@shortdestroyer If I read one more amc reference to the hype I’m gonna vomit. Shills are doing gods work to distract.

[dirtymfer.eth @BO8CAT]

@shortdestroyer We continue our educational journey to enlighten the people on what we have been up to since 2020. It’s not a matter of if, it’s a matter of when.

If you don’t register your shares, do you even own them? No.

https://t.co/l6aCh6hsd1

[dirtymfer.eth @BO8CAT]

@TheRoaringKitty Roar

[dirtymfer.eth @BO8CAT]

@unofficialmfers I’ve been gone…what did I miss?

[dirtymfer.eth @BO8CAT]

Any hot takes on Mainstar unDRSing IRA shares? @shortdestroyer @peruvian_bull

[dirtymfer.eth @BO8CAT]

@GRUNTZ__ @unofficialmfers Welcome mfer

[dirtymfer.eth @BO8CAT]

@0xMishamf Niiiice

[Alessandra Biaggi @Biaggi4NY]

In 2012, I graduated from Fordham Law School with $180,000 is student loan debt.

I’ve been paying loans for 11 years. Even paid two of them off completely.

In 2023, my balance is $206,000.

[The White House 46 Archived @WhiteHouse46]

Collectively, these Congressional Republicans cheering on the Supreme Court overturning student debt relief for millions of hardworking Americans had $8,263,051 in PPP loans forgiven.

They refuse to extend the same relief to borrowers with student debt.

[dirtymfer.eth @BO8CAT]

@jasondickaf This is trash. I had to listen to you two for 15 years, and now I have to listen more?

[dirtymfer.eth @BO8CAT]

@Hotchy6 Sorry ser, but we’re up to 4 insiders who wish to throw away money. Remember, it’s been a dying company for 84 years…