Feb 9 • 11:14 UTC 🇬🇷 Greece Naftemporiki

Ryan Cohen: Who is the next Warren Buffett of the market according to the man behind the big short

Investor Michael Burry compares Ryan Cohen to Warren Buffett, highlighting his strategies in business and investment.

Ryan Cohen, co-founder of Chewy and CEO of GameStop, is drawing attention in the investment community, especially from Michael Burry, who gained fame from the movie "The Big Short." Burry believes that Cohen exhibits similar investment approaches to Warren Buffett, particularly in how he manages his business strategies. Cohen's rise to prominence began in the pet supplies sector but later transitioned into video games, where he became a key player in the market.

Michael Burry recently emphasized the parallels he sees between Cohen and Buffett, suggesting that GameStop should adopt Berkshire Hathaway's investment strategies. This perspective comes after Buffett stepped down as CEO of Berkshire Hathaway at the end of the previous year. Burry’s endorsement of Cohen as the next Buffett reflects a significant confidence in Cohen's capabilities to lead GameStop and potentially reshape the company's future, especially following its tumultuous journey in the retail sector.

The discussion around Ryan Cohen and his investment philosophy highlights a continued interest in how new leadership can revitalize traditional companies. As GameStop navigates a rapidly changing market, the speculation about Cohen's future role and his comparisons to revered investors like Buffett could influence investor sentiment and strategies in the broader market as they look for the next big opportunity in the wake of his leadership.

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