This fan in CF tried to catch a HR ball but unfortunately for him, he missed the catch and it landed on his marbles.
The worst part, the play was challenged and the whole team, fans and stadium saw him get nailed in the nuts until it was clear that he never interfered with the baseball.
It feels like we are headed to two different financial markets - the traditional one where institutional support is the driver and a decentralized one where community support is the driver. When these two worlds meet in the same asset, there will be fireworks.
ICYMI - GameStop News Last Week
1. Ryan Cohen withdraws CEO performance award to focus company on eBay
2. Ryan Cohen Announces $500M personal investment into eBay transaction
3. GameStop projects FY2026 Adjusted EBITDA in excess of $600M
#proud
$GME (full links in thread)
I had a funny convo last week with the global practice head for board searches at a top exec search firm. They do ~400 public co board searches a year.
I told him how at GameStop, none of the board members or CEO are paid cash or equity.
He said, "So you grant options?"
I said, "No, the stock board members and the CEO get come from purchasing stock just like any other shareholder."
He said, "So you grant restricted stock units?"
I said, "No, we don't grant any equity and don't pay any cash. We believe this aligns our interest with shareholders."
He said, "What?!"
Out of the thousands of public co board searches his firm had done, they had never done one with no cash or equity comp - it blew his mind.
To my knowledge, only Berkshire Hathaway and GameStop have no comp for the board. If there are others, let me know.
This comp structure should be more common as it really does foster alignment with shareholders.
$GME
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