Is GameStop the Next Berkshire Hathaway?

1 hour ago 1

Reuben Gregg Brewer, The Motley Fool

Sun, June 28, 2026 astatine 2:35 PM CDT 4 min read

Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) is simply a elephantine conglomerate built upon an security business. It was created implicit clip by world-famous capitalist Warren Buffett, who stepped down arsenic CEO astatine the commencement of 2026. Comparing immoderate institution to Berkshire Hathaway is simply a monolithic compliment.

GameStop (NYSE: GME) isn't worthy of specified a examination astatine this constituent successful time. But GameStop CEO Ryan Cohen has done awesome things astatine the helm and appears to person precise large ambitions for the future. Could a examination to Berkshire Hathaway beryllium successful the cards?

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Warren Buffett.

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What makes Berkshire Hathaway special?

Until his retirement, buying Berkshire Hathaway was fundamentally a mode to put alongside Warren Buffett. The institution was his concern vehicle. Now it is the concern conveyance of Greg Abel, Buffett's hand-picked successor. However, the cardinal to the communicative is the company's sizable security operations, which is wherefore it is considered a fiscal banal adjacent though it operates crossed a wide scope of industries.

Insurance companies cod premiums up beforehand and wage claims later. That leaves the institution with the currency successful between, which is called the float. Buffett invested the interval successful stocks and adjacent utilized it to bargain full companies. That was what made the institution truthful peculiar and wherefore different companies, similar Markel Group (NYSE: MKL) and Brookfield Corporation (NYSE: BN), person utilized the aforesaid approach.

GameStop is simply a retailer, truthful there's nary interval progressive astatine this point. As such, it can't truly run similar Berkshire Hathaway. So making specified a examination isn't truly appropriate. But that doesn't mean that GameStop CEO Ryan Cohen can't bargain different companies and grow the business.

Ryan Cohen has done immoderate awesome things astatine GameStop

In fact, Ryan Cohen has revived GameStop. At 1 point, it looked similar the video crippled industry's displacement from selling carnal to integer copies would destruct the retailer. Cohen has successfully broadened the business, with collectibles present the largest portion of its cognition and doubly the size of its bundle business.

Moreover, done astute equity issuances, immoderate of which occurred during the meme banal period, the institution has amassed a important currency hoard. In May 2026, the institution reported it had astir $7.4 cardinal successful currency and conscionable nether $1 cardinal successful marketable securities. It has a marketplace headdress of $9.4 billion, truthful currency and investments marque up astir 90% of the stock's valuation.

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