GameStop should ditch retail and become a holding company like Warren Buffett's Berkshire Hathaway

Yahoo Finance06-20

It’s time for GameStop (GME) to stick a fork in its flailing retail operations and embrace a second life as a holding company in the mold of Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B). ...

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peppa dong
06-20
peppa dong
早干嘛去了，现在跳出来放彩虹屁。

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He said he owned its stock five years ago, when it was trading at $4 a share, with the view its operations were being undervalued.Later, he sold the stock for $25 a share.But Gamestop is filled with fundamental woes as of late, which has raised the question if the Ryan Cohen led company is even a retailer anymore.The company continues to be pummeled by structural changes in the video gaming industry — from the switch to digital downloads, to competition for eyeballs with streamers like Netflix , to an aging console gaming base.“Berkshire Hathaway was a failing textile company when Warren Buffe","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4566":"资本集团","BK4108":"电影和娱乐","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BRK.A":"伯克希尔","LU0082616367.USD":"摩根大通美国科技A（dist）","BRK.B":"伯克希尔B","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4587":"ChatGPT概念","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BK4577":"网络游戏","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK4527":"明星科技股","LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","BK4588":"碎股","BK4550":"红杉资本持仓","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4547":"WSB热门概念","LU1046421795.USD":"富达环球科技A-ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","BK4581":"高盛持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","NFLX":"奈飞","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU1548497426.USD":"安联环球人工智能AT Acc","GME":"游戏驿站","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","BK4176":"多领域控股","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4532":"文艺复兴科技持仓","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"translate_title":"游戏驿站应该放弃零售业，成为像Warren Buffett的Berkshire Hathaway那样的控股公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NFLX":1,"BRK.A":1,"BRK.B":1,"GME":1},"content_text":"It’s time for GameStop (GME) to stick a fork in its flailing retail operations and embrace a second life as a holding company in the mold of Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B).\nGameStop is “a totally different company now,” said retail expert and investor Jeff Macke on Yahoo Finance’s ‘Opening Bid’ podcast (video above; listen in here).\nThough he now refers to GameStop as a “dump truck,” Macke's sentiment wasn’t always so chilly. He said he owned its stock five years ago, when it was trading at $4 a share, with the view its operations were being undervalued. \nLater, he sold the stock for $25 a share. \n“I thought I was the genius of all time,” he said. \nBut Gamestop is filled with fundamental woes as of late, which has raised the question if the Ryan Cohen led company is even a retailer anymore. \nFiscal first-quarter results included a $32.3 million loss on revenue of $882 million. Notably, GameStop lost $50.5 million on revenue of $1.2 billion last year. \nThe company continues to be pummeled by structural changes in the video gaming industry — from the switch to digital downloads, to competition for eyeballs with streamers like Netflix (NFLX), to an aging console gaming base.\nCohen has basically went into hiding, not appearing on the company's notoriously short earnings calls. His plans for GameStop aren't known to his loyal Reddit followers or larger investors. C-suite execs have been exiting in the past two years.\nGameStop also no longer has any sell-side research coverage on Wall Street, a byproduct of the stock's insane volatility and Cohen's relative secrecy. \nAmid the latest batch of poor results, GameStop promoter Keith \"Roaring Kitty\" Gill returned to the scene on June 7 in a bizarre livestream; he once again touted the company, causing shares to enjoy a temporary, fleeting bump.\nThis follows a post on social media from Gill several weeks earlier — after a long absence — that many GameStop loyalists saw as bullish.\nCohen has used the frenzy to bolster GameStop's cash coffers.\nThe company received $2.1 billion last week after selling another 75 million new shares. Some three weeks earlier, it sold 45 million shares, netting $933 million.\nInvesting pros like Macke are wondering what Cohen will do with all the cash. Does he go out and buy companies like Berkshire Hathaway? Does he put it into Treasuries and individual stocks ala Buffett to earn a return?\nEither way, this sounds more akin to a CEO heading an asset management firm or holding entity, than one seeking to create amazing store experiences for shoppers.\nMacke views plowing money into physical stores as less-than-ideal, anyway.\nGameStop's dead mall locales and outdated merchandise models are two of its numerous problems, he contended.  \nInstead, he envisions a scenario where GameStop ditches the dead malls and tries to function as a holding company.\n“Berkshire Hathaway was a failing textile company when Warren Buffett took over,” he said, adding that GameStop looks more like “Berkshire Hathaway for suckers.” \nBut, with $3 billion to $4 billion in cash, the challenge is finding the best way to put that to work. “It won’t be in GameStop,” he adds. “It will be in other opportunities.”\nSpeaking of famed holding companies, billionaire Warren Buffett's son Howard G. Buffett hopped on the 'Opening Bid' podcast to discuss his father's decades long work at Berkshire Hathaway. Listen in below. \n\nGrace Williams is a writer for Yahoo Finance.\nClick here for the latest stock market news and in-depth analysis, including events that move stocks\nRead the latest financial and business news from Yahoo Finance","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":318996795986184,"gmtCreate":1718893565095,"gmtModify":1718894867702,"author":{"id":"3526573431177002","authorId":"3526573431177002","name":"peppa dong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3526573431177002","idStr":"3526573431177002"},"htmlText":"早干嘛去了，现在跳出来放彩虹屁。","listText":"早干嘛去了，现在跳出来放彩虹屁。","text":"早干嘛去了，现在跳出来放彩虹屁。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/318996795986184","repostId":2444141592,"repostType":2,"repost":{"id":"2444141592","kind":"highlight","pubTimestamp":1718890266,"share":"https://www.laohu8.com/m/news/2444141592?lang=&edition=full","pubTime":"2024-06-20 21:31","market":"us","language":"en","title":"GameStop should ditch retail and become a holding company like Warren Buffett's Berkshire Hathaway","url":"https://stock-news.laohu8.com/highlight/detail?id=2444141592","media":"Yahoo Finance","summary":"It’s time for GameStop  to stick a fork in its flailing retail operations and embrace a second life as a holding company in the mold of Warren Buffett's Berkshire Hathaway .GameStop is “a totally different company now,” said retail expert and investor Jeff Macke on Yahoo Finance’s ‘Opening Bid’ podcast .Though he now refers to GameStop as a “dump truck,” Macke's sentiment wasn’t always so chilly. He said he owned its stock five years ago, when it was trading at $4 a share, with the view its operations were being undervalued.Later, he sold the stock for $25 a share.But Gamestop is filled with fundamental woes as of late, which has raised the question if the Ryan Cohen led company is even a retailer anymore.The company continues to be pummeled by structural changes in the video gaming industry — from the switch to digital downloads, to competition for eyeballs with streamers like Netflix , to an aging console gaming base.“Berkshire Hathaway was a failing textile company when Warren Buffe","content":"<html><body><p>It’s time for GameStop (GME) to stick a fork in its flailing retail operations and embrace a second life as a holding company in the mold of Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B).</p>\n<p>GameStop is “a totally different company now,” said retail expert and investor Jeff Macke on Yahoo Finance’s ‘Opening Bid’ podcast (video above; listen in here).</p>\n<p>Though he now refers to GameStop as a “dump truck,” Macke's sentiment wasn’t always so chilly. He said he owned its stock five years ago, when it was trading at $4 a share, with the view its operations were being undervalued. </p>\n<p>Later, he sold the stock for $25 a share. </p>\n<p>“I thought I was the genius of all time,” he said. </p>\n<p>But Gamestop is filled with fundamental woes as of late, which has raised the question if the Ryan Cohen led company is even a retailer anymore. </p>\n<p>Fiscal first-quarter results included a $32.3 million loss on revenue of $882 million. Notably, GameStop lost $50.5 million on revenue of $1.2 billion last year. </p>\n<p>The company continues to be pummeled by structural changes in the video gaming industry — from the switch to digital downloads, to competition for eyeballs with streamers like Netflix (NFLX), to an aging console gaming base.</p>\n<p>Cohen has basically went into hiding, not appearing on the company's notoriously short earnings calls. His plans for GameStop aren't known to his loyal <a href=\"https://laohu8.com/S/RDDT\">Reddit</a> followers or larger investors. C-suite execs have been exiting in the past two years.</p>\n<p>GameStop also no longer has any sell-side research coverage on Wall Street, a byproduct of the stock's insane volatility and Cohen's relative secrecy. </p>\n<p>Amid the latest batch of poor results, GameStop promoter Keith \"Roaring Kitty\" Gill returned to the scene on June 7 in a bizarre livestream; he once again touted the company, causing shares to enjoy a temporary, fleeting bump.</p>\n<p>This follows a post on social media from Gill several weeks earlier — after a long absence — that many GameStop loyalists saw as bullish.</p>\n<p>Cohen has used the frenzy to bolster GameStop's cash coffers.</p>\n<p>The company received $2.1 billion last week after selling another 75 million new shares. Some three weeks earlier, it sold 45 million shares, netting $933 million.</p>\n<p>Investing pros like Macke are wondering what Cohen will do with all the cash. Does he go out and buy companies like Berkshire Hathaway? Does he put it into Treasuries and individual stocks ala Buffett to earn a return?</p>\n<p>Either way, this sounds more akin to a CEO heading an asset management firm or holding entity, than one seeking to create amazing store experiences for shoppers.</p>\n<p>Macke views plowing money into physical stores as less-than-ideal, anyway.</p>\n<p>GameStop's dead mall locales and outdated merchandise models are two of its numerous problems, he contended.  </p>\n<p>Instead, he envisions a scenario where GameStop ditches the dead malls and tries to function as a holding company.</p>\n<p>“Berkshire Hathaway was a failing textile company when Warren Buffett took over,” he said, adding that GameStop looks more like “Berkshire Hathaway for suckers.” </p>\n<p>But, with $3 billion to $4 billion in cash, the challenge is finding the best way to put that to work. “It won’t be in GameStop,” he adds. “It will be in other opportunities.”</p>\n<p>Speaking of famed holding companies, billionaire Warren Buffett's son Howard G. Buffett hopped on the 'Opening Bid' podcast to discuss his father's decades long work at Berkshire Hathaway. Listen in below. </p>\n<div></div>\n<p><em>Grace Williams is a writer for Yahoo Finance.</em></p>\n<p><strong>Click here for the latest stock market news and in-depth analysis, including events that move stocks</strong></p>\n<p><strong>Read the latest financial and business news from Yahoo Finance</strong></p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop should ditch retail and become a holding company like Warren Buffett's Berkshire Hathaway</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop should ditch retail and become a holding company like Warren Buffett's Berkshire Hathaway\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-20 21:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/gamestop-should-ditch-retail-and-become-a-holding-company-like-warren-buffetts-berkshire-hathaway-133106692.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s time for GameStop (GME) to stick a fork in its flailing retail operations and embrace a second life as a holding company in the mold of Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B).\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/gamestop-should-ditch-retail-and-become-a-holding-company-like-warren-buffetts-berkshire-hathaway-133106692.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/gNJErtDg6H30zwV3oSBO8Q--~B/aD00MDYwO3c9NjA5MTthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2024-06/07e67330-2ee0-11ef-bc7d-4a25cd76ff5e","relate_stocks":{"LU2237957902.USD":"NIKKO AM GLOBAL EQUITY \"F\" (USD) ACC","BK4532":"文艺复兴科技持仓","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","LU2237957811.SGD":"NIKKO AM GLOBAL EQUITY \"F\" (SGD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4108":"电影和娱乐","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4566":"资本集团","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1046421795.USD":"富达环球科技A-ACC","BK4527":"明星科技股","BK4587":"ChatGPT概念","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU0971096721.USD":"富达环球金融服务 A","LU1548497426.USD":"安联环球人工智能AT Acc","BK4176":"多领域控股","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","BK4577":"网络游戏","BK4588":"碎股","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0742534661.SGD":"Fidelity America A-SGD (hedged)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","GME":"游戏驿站","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4547":"WSB热门概念","NFLX":"奈飞","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4581":"高盛持仓","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BRK.B":"伯克希尔B","BK4550":"红杉资本持仓","LU1989764664.SGD":"CPR Invest - Global Disruptive Opportunities A2 Acc SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","BRK.A":"伯克希尔","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc"},"source_url":"https://finance.yahoo.com/news/gamestop-should-ditch-retail-and-become-a-holding-company-like-warren-buffetts-berkshire-hathaway-133106692.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2444141592","content_text":"It’s time for GameStop (GME) to stick a fork in its flailing retail operations and embrace a second life as a holding company in the mold of Warren Buffett's Berkshire Hathaway (BRK-A)(BRK-B).\nGameStop is “a totally different company now,” said retail expert and investor Jeff Macke on Yahoo Finance’s ‘Opening Bid’ podcast (video above; listen in here).\nThough he now refers to GameStop as a “dump truck,” Macke's sentiment wasn’t always so chilly. He said he owned its stock five years ago, when it was trading at $4 a share, with the view its operations were being undervalued. \nLater, he sold the stock for $25 a share. \n“I thought I was the genius of all time,” he said. \nBut Gamestop is filled with fundamental woes as of late, which has raised the question if the Ryan Cohen led company is even a retailer anymore. \nFiscal first-quarter results included a $32.3 million loss on revenue of $882 million. Notably, GameStop lost $50.5 million on revenue of $1.2 billion last year. \nThe company continues to be pummeled by structural changes in the video gaming industry — from the switch to digital downloads, to competition for eyeballs with streamers like Netflix (NFLX), to an aging console gaming base.\nCohen has basically went into hiding, not appearing on the company's notoriously short earnings calls. His plans for GameStop aren't known to his loyal Reddit followers or larger investors. C-suite execs have been exiting in the past two years.\nGameStop also no longer has any sell-side research coverage on Wall Street, a byproduct of the stock's insane volatility and Cohen's relative secrecy. \nAmid the latest batch of poor results, GameStop promoter Keith \"Roaring Kitty\" Gill returned to the scene on June 7 in a bizarre livestream; he once again touted the company, causing shares to enjoy a temporary, fleeting bump.\nThis follows a post on social media from Gill several weeks earlier — after a long absence — that many GameStop loyalists saw as bullish.\nCohen has used the frenzy to bolster GameStop's cash coffers.\nThe company received $2.1 billion last week after selling another 75 million new shares. Some three weeks earlier, it sold 45 million shares, netting $933 million.\nInvesting pros like Macke are wondering what Cohen will do with all the cash. Does he go out and buy companies like Berkshire Hathaway? Does he put it into Treasuries and individual stocks ala Buffett to earn a return?\nEither way, this sounds more akin to a CEO heading an asset management firm or holding entity, than one seeking to create amazing store experiences for shoppers.\nMacke views plowing money into physical stores as less-than-ideal, anyway.\nGameStop's dead mall locales and outdated merchandise models are two of its numerous problems, he contended.  \nInstead, he envisions a scenario where GameStop ditches the dead malls and tries to function as a holding company.\n“Berkshire Hathaway was a failing textile company when Warren Buffett took over,” he said, adding that GameStop looks more like “Berkshire Hathaway for suckers.” \nBut, with $3 billion to $4 billion in cash, the challenge is finding the best way to put that to work. “It won’t be in GameStop,” he adds. “It will be in other opportunities.”\nSpeaking of famed holding companies, billionaire Warren Buffett's son Howard G. Buffett hopped on the 'Opening Bid' podcast to discuss his father's decades long work at Berkshire Hathaway. Listen in below. \n\nGrace Williams is a writer for Yahoo Finance.\nClick here for the latest stock market news and in-depth analysis, including events that move stocks\nRead the latest financial and business news from Yahoo Finance","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":0,"commentSize":1,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2444141592"}