Is GameStop the Next Berkshire Hathaway?
Yahoo Finance ·
Berkshire Hathaway ( BRKA +1.60% ) ( BRKB +2.08% ) is a giant conglomerate built upon an insurance business. It was created over time by world-famous investor Warren Buffett, who stepped down as CEO at the start of 2026. Comparing any company to Berkshire Hathaway is a massive compliment. GameStop ( GME +3.57% ) isn't worthy of such a comparison at this point in time. But GameStop CEO Ryan Cohen has done impressive things at the helm and appears to have very big ambitions for the future. Could a comparison to Berkshire Hathaway be in the cards? Until his retirement, buying Berkshire Hathaway was essentially a way to invest alongside Warren Buffett . The company was his investment vehicle. Now it is the investment vehicle of Greg Abel, Buffett's hand-picked successor. However, the key to the story is the company's sizable insurance operations, which is why it is considered a financial stock even though it operates across a wide range of industries. Insurance companies collect premiums up front and pay claims later. That leaves the company with the cash in between, which is called the float. Buffett invested the float in stocks and even used it to buy whole companies. That was what made the company so special and why other companies, like Markel Group ( MKL +1.95% ) and Brookfield Corporation ( BN 0.19% ) , have used the same approach.
DYAX Investor Sentiment
Bullish (Long) 51% · Bearish (Short) 49%
514 participants
Related News
- The Smartest Dividend Stocks to Buy With $3,000 Right Now
- Apple’s AI overhaul seen driving upgrade cycle as BofA backs long-term upside
- This Nvidia-Backed Artificial Intelligence (AI) Infrastructure Stock Has Multibagger Potential. It Is Trading at an Incredibly Attractive Valuation Right Now
- Volkswagen is to plan ending Bosch self-driving partnership
- SA Asks: What's the most attractive robotics stock right now?
- $5.7M bet on one word exposes growing problem for prediction markets