The Ledger, every show

“Yeah, it would be partnering with creators. I mean, they've got the platform, We would improve the platform so it looks better and more consistent with the kind of UI that you have at competitors, but there's the user base. And so it's not something you have t…”

“Well, that would, so yes, and it would basically take zero dollars in capex in order to something like that, and it's a good idea.”

“But I mean, in terms of doing that well, accelerating revenue growth you know, I think that that is, that's big. And so going much deeper into collectibles and luxury trading cards, there's a lot of runway there.”

“SG&A has come down by, like, 50%”

“They can go from green to red, and they don't flash yellow. So when that happens, we'll be in a position.”

“We've gone from, like, 10% of our sales to over, close to a third, probably, for the full year is gonna come from collectibles”

“There's a lot of money that's being spent, and we've taken a capex light approach, like a pretty risk light approach to the digital world.”

“So it costs a lot of money to be a public company. We spend a lot of money on audit fees. So that hurt me at Chewy, that hurts me at GameStop. They charge us a lot of money.”

“You don't necessarily have to be first to the game in order to be successful. Amazon was first to the game, but we focused on the category, and we were successful, and so it's kind of what's interesting in technology in general, is like, you have these technol…”

“Within physical retail, what I've learned is, like, you want to, you have to run lean, and you're better off having less inventory than more inventory.”

“Like, if we can make 80% margins but the upside is limited and it's not gonna move the needle, then I don't care. If it's able to translate into billions of dollars of shareholder value and it's scalable, then we're talking.”

“Powerpacks, physical and digital is very interesting. We can't get enough inventory, so.”

“So if we had a choice between physical and digital, because digital is more scalable, we're gonna go towards digital.”

“They don't come to us as often as you think, because they know, well they probably go to private equity or venture capital or these fancy hedge funds before they come to us, because I want to make sure that I'm I care about cash flow and the price that I pay, …”

“I let my kids play video games, doesn't benefit, unless they're playing, like, Mario Kart. But, you look at these, like, Call of Duty, they're killing each other. I want positive influences. I want things that are healthy.”

“We want, I'll have a conversation with him that if he's focused on decades and centuries, not on making good luck.”

“And we had negative working capital, and so it was a business that was able to get billions of dollars in revenue and not consume a lot of capital.”

“I looked for established businesses that have a strong historical track record of making money and typically are out of favor when it comes to passive or activist kind of investments. And so that's been my general framework.”

“The original thesis was that there's an upcoming console cycle and that they're probably going to survive until the upcoming console cycle and the new PlayStation and Microsoft Xbox comes out.”

“We've got 1600 access points that we can do live authentication.”

“I haven't taken a dollar of salary or any bonuses”

“This was part of what appealed to me originally when I went into GameStop was the leases were short term. So they're like two to three year leases.”

“The video game market is definitely going from physical to digital.”

“We are, we've we have, the return rates are kind of high, but we're building out the retro business in our stores currently. So that's a, it's a, it's still small, but it's a growing category for us.”