“Value”.

[u/PuzzleheadedWeb9876]

[u/UpbeatFix7299]

Shutting down pawnshops and sitting on a pile of apes' money skimming the interest is too complex for a simpleton like Buffett

[u/option-9 → u/UpbeatFix7299]

A simpleton like Buffet, who leads a company which shut down its factories and sits on a pile of investor's money. If only RC could also be as good at this as Buffet. Oh well.

[u/folteroy]

I would bet that Buffett has forgotten more than this moron ape ever learned in the first place.

[u/Rokos_Bicycle → u/folteroy]

Buffett forgets more over a single breakfast...

[u/eW4GJMqscYtbBkw9 → u/folteroy]

Apes haven't learning anything period. If they had taken the time to learn even literal day one econ and accounting - they wouldn't be apes.

I mean, the dumb fucks can't even read a balance sheet.

[u/canycosro → u/eW4GJMqscYtbBkw9]

They can't learn. They can't venture outside the hugbox and consult actual financial information because it would tell them that GME is a bad pick.

So they've spent 5 years and learned nothing search the top financial functions they talk about and they're all stuff no one whose making Money actually cares about. Dark pool, gama ramps

Being an GME loses you money and keeps you reading the stock ticker but rejecting everything you might learn about the market because it's all trying to get you to sell your precious GME

I accidentally joined the GME subreddit and it started to show up in my Reddit feed and it's just so so sad

[u/Rokey76]

There are too many laughable quotes in that screed to quote, and I can't choose a favorite. But I recommend reading the whole thing.

[u/GVas22]

It's has a P/E of 70

That would be the end of his valuation

[u/042376x]

Dude! April Fools was last Tuesday 

[u/Master_FumAMota → u/042376x]

Every day is April Fool’s for apes.

[u/Throwawayhelper420]

Yeah, I’m sure this random ape, high school graduate and warehouse worker who very first heard of stocks on January 27 2021 and has been red for 100% of his trading career of buying and holding one stock and its options, is qualified enough to say that “GameStop is too complex for Warren Buffett to understand”

Yeah.

A business that sells videos games and loses money but that has 5ish billion dollars in treasury bonds collecting interest to offset that and might also buy bitcoin is way too complicated for Buffett.

Only amateurs, idiots, and conspiracy theorists can see it.

[u/TristanTheViking → u/Throwawayhelper420]

Ah but consider this conspiracy string board of various nonsense that is either false or unfalsifiable. Quite complicated indeed when you start making up your own financial terms.

[u/Cdesese]

1. GameStop is a garbage company with a dead-end business model and will eventually wither away and die.

[u/Rokos_Bicycle]

1 and 3 are total nonsense. On 2 and 4:

He doesn't like things that are [...] hard to understand

He never liked Bitcoin

That's not what he said. He doesn't invest in things that he doesn't understand. Unlike apes.

[u/ayler_albert]

It's common knowledge how much Warren Buffet loves Bitcoin, and especially the value found in failing shitcos becoming Bitcoin repositories.

[u/PuzzleheadedWeb9876]

[u/Sicilian_Gold → u/PuzzleheadedWeb9876]

lol

[u/Roshango]

It's amazing to me how conspiracy theorists are just allergic to occam's razor.

[u/alcalde]

Hey, zero's a value!

[u/TonyRayBansIV]

Yeah Warren Buffett! Have you ever considered that all the numbers the company are reporting are fake? Doesn’t that prospect excite you for the investment opportunity????

[u/m0n3ym4n]

[u/Consistent-Reach-152]

Warren Buffet primarily relies on discounted cash flow valuation, along with risk analysis such as how strong of a moat or network effect the company has for protection of their profits.

GameStop fails on DCF with a breakeven operation with declining revenues. The large retail footprint is an expensive asset to develop, and the brand image has had good value in the past, but those positives are not enough to overcome the declining revenue.

Some investors look for companies with poor management, then take over those companies, install new management and reap the rewards of the improvements. That is not Buffetts style. He prefers to acquire companies with good management and lets them run the business. So GameStop is not a good fit in this area either.

[u/Matt_Cadarn]

Chłopie neep. +. G.. -