Charlie

diamonds.Ioopring.eth

[Hunter Biden @HunterBiden]

I am officially nominating Donald J. Trump (@realDonaldTrump) for the Nobel Peace Prize.

No President in History has ended the same war so many times.

Our Dear Leader has ended the war with Iran at least 38 times by CNN’s count.

No President has ever done this before.

And he is nowhere near finished ending it.

It’s a record worthy of the Nobel committee’s recognition. Thank you for your attention to this matter!

[Liz Morton ~ Value Added Resource @ValueAddedRS]

New @ryancohen interview just dropped! Love to see him talking directly to more eBay sellers. ❤️

$EBAY $GME

https://t.co/06lp01Ds94

[Charlie @therealtlan]

Preach

[The All-In Podcast @theallinpod]

Ryan Cohen: “Why Does Everyone Want GameStop to Fail?”

$GME CEO @ryancohen:

“The media is an example. Why is it that you've got a ($EBAY) management team with no skin in the game, they're not builders, they haven't built anything themselves before, they've basically just been employees at major companies, they’ve been overpaid, I don't think they've ever broken out a sweat in their entire lives, why does everyone want them to succeed?

But when you have someone that, and by the way, I'm putting $500M of my own money into this transaction, I haven't pulled a penny out of GameStop, and it seems like everyone in the media basically wants us to fail, and wants them to succeed.

And you've got a board that's making hundreds of thousands of dollars a year. They don't buy stock with their own money. They end up showing up to a handful of board meetings, and they're making a fortune. You've got a management team that is grossly overpaid, taking zero risk.

There's nothing more American than basically risking your own capital. So why does everyone want us to fail?

@friedberg:

“I do think that the media, in order to give you credibility, they're gonna have to acknowledge that all of their takes on GameStop just being a meme stock were wrong, and that there is actually a business here, and that there is value being created here, and that they missed that, and they got the story completely wrong.”

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[Larry Cheng @larryvc]

Logging for future reference again… $GME

[Salvatore Linteum @PhantomBlack699]

Ryan Cohen says he's putting in $500M of his own money into the $GME $EBAY deal and also addresses the media hate towards GameStop in newest interview 👀

[Ryan Cohen @ryancohen]

https://t.co/kVPvOobXU2

[Ryan Cohen @ryancohen]

I have been suspended from eBay

[Ryan Cohen @ryancohen]

I’m selling stuff on eBay to pay for eBay

https://t.co/REaITX9iXr

[Ryan Cohen @ryancohen]

The people running eBay bought $0 of stock in the open market in the last 5 years.

eBay insiders sold more than $120M in the last 5 years.

[TBPN @tbpn]

FULL INTERVIEW: $GME CEO @ryancohen joins TBPN to discuss the eBay acquisition

00:22 Unpacking "half cash, half stock"
02:07 Ryan's vision for eBay
04:36 Live commerce and eBay
05:12 Why he's the best person to buy eBay
06:29 History of cutting costs at GameStop
08:47 Comparing the bid to Elon's Twitter take-private
12:01 eBay's reaction to the bid
13:48 Why eBay will be worth more under Ryan's leadership
18:02 How much of his net worth will be in eBay if the deal goes through
19:10 eBay's digital goods opportunity
22:57 Options if eBay rejects the bid
25:58 On ModRetro and retro gaming

[GameStop @gamestop]

GameStop Proposes to Acquire eBay at $125.00 Per Share

https://t.co/QYynT84H7Z

[Ryan Cohen @ryancohen]

Proposal to acquire eBay.
https://t.co/FwjcxbDmyt

[unusual_whales @unusual_whales]

BREAKING: GameStop, $GME, is reportedly looking to acquire Ebay, $EBAY, per WSJ

[Niz @NizMhani]

🚨BREAKING:

The "Board of Peace" launches its first war....

[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.

[amit @amitisinvesting]

$GME

MICHAEL BURRY’S LATEST SUBSTACK IS A BULLISH ARGUMENT TO GO LONG GAMESTOP.

Now it makes sense why Ryan Cohen, CEO, bought 1M shares last week.

The largest voice of the AI bubble crowd has decided his next big bet is Gamestop.

“I own GME. I have been buying recently. I expect I am buying at what may soon be 1x tangible book value / 1x net asset value. And getting a young Ryan Cohen investing and deploying the company’s capital and cash flows. Perhaps for the next 50 years.”

$GME +8%

[Charlie @therealtlan]

@lifelonghacker Hey Steven, long time fan. Today CSU dropped over 5% while US AI stocks are moving up big. Makes me think that perhaps CSU has a short term inverse relationship to popular AI stocks? Since the narrative being pushed is that AI will eat CSU’s lunch? What do you think?

[The White House @WhiteHouse]

Power to the Players

[Gavin Newsom @GavinNewsom]

This aged well.