{"id":45794,"date":"2026-02-19T17:21:15","date_gmt":"2026-02-19T17:21:15","guid":{"rendered":"https:\/\/agooka.com\/news\/usa\/gamestop-ceo-ryan-cohen-just-put-parasitic-bosses-on-blast-michael-burry-sees-shades-of-warren-buffett\/"},"modified":"2026-02-19T17:21:15","modified_gmt":"2026-02-19T17:21:15","slug":"gamestop-ceo-ryan-cohen-just-put-parasitic-bosses-on-blast-michael-burry-sees-shades-of-warren-buffett","status":"publish","type":"post","link":"https:\/\/agooka.com\/news\/usa\/gamestop-ceo-ryan-cohen-just-put-parasitic-bosses-on-blast-michael-burry-sees-shades-of-warren-buffett\/","title":{"rendered":"GameStop CEO Ryan Cohen just put &#8216;parasitic&#8217; bosses on blast. Michael Burry sees shades of Warren Buffett."},"content":{"rendered":"<figure><img decoding=\"async\" src=\"https:\/\/i.insider.com\/69971ae3e1ba468a96ac4b03?format=jpeg\" alt=\"GameStop CEO Ryan Cohen.\"\/><figcaption>GameStop CEO Ryan Cohen<\/p>\n<p>GameStop<\/p>\n<\/figcaption><\/figure>\n<ul>\n<li>GameStop CEO Ryan Cohen channeled Warren Buffett in a fiery post titled &quot;The Hollow Men&quot; on X.<\/li>\n<li>He took aim at directors, executives, and managers who collect big money and shirk responsibility.<\/li>\n<li>Michael Burry said Cohen has &quot;rougher edges than Buffett,&quot; but he&#039;s &quot;more modern in approach.&quot;<\/li>\n<\/ul>\n<p>Ryan Cohen seems to be doing his best Warren Buffett impression, just like Michael Burry suggested.<\/p>\n<p>The billionaire GameStop CEO and Chewy cofounder channeled the legendary investor in a lengthy X post titled &quot;The Hollow Men&quot; on Wednesday.<\/p>\n<p>Cohen railed against a &quot;new, parasitic class of corporate bureaucrat: The Risk-Free Insider.&quot;<\/p>\n<p>He lambasted independent directors who don&#039;t dare rock the boat and risk losing their cushy, well-paid jobs.<\/p>\n<p>He berated corporate bosses who balk at tying their fortunes to their company&#039;s success \u2014 they collect big bonuses if its stock price rises, and receive huge payouts if they tank the business and leave.<\/p>\n<p>He also chastised managers who avoid accountability by hiring expensive consultants to blame if things don&#039;t work out.<\/p>\n<p>Cohen labeled those three groups the &quot;hollow men of the boardroom&quot; who &quot;wear the right suits&quot; and &quot;say the right buzzwords&quot; but have little skin in the game.<\/p>\n<p>Risking your own bottom line is the &quot;only thing that keeps a business honest,&quot; Cohen wrote. He called for a return to an &quot;owner&#039;s mentality,&quot; where bosses treat shareholders&#039; money as if it were their own.<\/p>\n<p>He warned that failure to change would mean &quot;iconic American franchises hollowed out by fees, managed for the benefit of the Insiders, while the true owners \u2014 the shareholders \u2014 are left holding the bag.&quot;<\/p>\n<blockquote>\n<p>Ryan has rougher edges than Buffett, but that just makes him more modern in approach. https:\/\/t.co\/p0R06M2Ojr<\/p>\n<p>\u2014 Cassandra Unchained (@michaeljburry) February 18, 2026<\/p><\/blockquote>\n<p>Burry shared Cohen&#039;s post and wrote: &quot;Ryan has rougher edges than Buffett, but that just makes him more modern in approach.&quot;<\/p>\n<p>The investor-turned-writer of &quot;The Big Short&quot; fame and GameStop shareholder has been touting the opportunity for Cohen to transform GameStop through acquisitions, drawing parallels to how Buffett reshaped Berkshire Hathaway from a failing textile mill into a $1 trillion conglomerate over six decades.<\/p>\n<h2>Following Buffett&#039;s lead<\/h2>\n<p>Buffett, who recently stepped down as Berkshire&#039;s CEO, has frequently taken aim at crony directors, overpaid executives, and costly consultants.<\/p>\n<p>In his shareholder letter for 2019, he bemoaned that many independent directors don&#039;t spend a penny of their own money on shares of the companies they&#039;re overseeing \u2014 and high fees heavily incentivize them to be compliant in the hope of landing additional, lucrative board seats.<\/p>\n<p>&quot;When seeking directors, CEOs don&#039;t look for pit bulls,&quot; Buffett wrote. &quot;It&#039;s the cocker spaniel that gets taken home.&quot;<\/p>\n<p>Buffett joked that he was the &quot;Typhoid Mary of compensation committees,&quot; as he&#039;d only ever been appointed to one despite sitting on 18 different boards up to that point.<\/p>\n<p>Time and again, Buffett has espoused an owner&#039;s mentality, underpinned by having more than 99% of his net worth in Berkshire stock.<\/p>\n<p>&quot;We want to make money only when our partners do and in exactly the same proportion,&quot; he and the late Charlie Munger wrote in their &quot;Owner&#039;s Manual&quot; for Berkshire shareholders.<\/p>\n<p>&quot;Moreover, when I do something dumb, I want you to be able to derive some solace from the fact that my financial suffering is proportional to yours,&quot; Buffett added.<\/p>\n<p>Cohen has diverged from Buffett&#039;s playbook in some ways, such as buying bitcoin for GameStop last year, and recently agreeing a compensation package worth tens of billions if he hits certain market-value and profit milestones.<\/p>\n<p>But he&#039;s also refused a salary as GameStop CEO, built a roughly 9% stake in the video-game retailer, urged frugality across the business, and even modeled its investor-relations website on Berkshire&#039;s homepage.<\/p>\n<p>Cohen&#039;s tirade against the &quot;Risk-Free Insider&quot; is certainly rooted in Buffett&#039;s philosophy too, even if he&#039;s harsher in his wording as Burry said.<\/p>\n<p>Read the original article on Business Insider<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GameStop CEO Ryan Cohen GameStop GameStop CEO Ryan Cohen channeled Warren Buffett in a fiery post titled &quot;The Hollow Men&quot; on X. He took aim at directors, executives, and managers who collect big money and shirk responsibility. Michael Burry said Cohen has &quot;rougher edges than Buffett,&quot; but he&#039;s &quot;more modern in approach.&quot; Ryan Cohen seems [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":45795,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":{"0":"post-45794","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-usa"},"_links":{"self":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/45794","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/comments?post=45794"}],"version-history":[{"count":0,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/posts\/45794\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media\/45795"}],"wp:attachment":[{"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/media?parent=45794"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/categories?post=45794"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/agooka.com\/news\/wp-json\/wp\/v2\/tags?post=45794"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}