GameStop CEO Ryan Cohen shared his best and worst investments with Business Insider. Neither of them involves money.
Ryan Cohen said he's still "collecting dividends" from his best investment, and his worst investment involved misplaced trust.
GameStop's CEO, Ryan Cohen, shared his life lessons with Business Insider, revealing that his best investment is spending time with his father and his worst investment is trusting the wrong people. Cohen's father, Ted, who passed away in 2019, had a significant influence on his life, teaching him to trust his instincts and be a good listener.
He even launched a series of children's books, the "Teddy" series, to share his father's wisdom. On the flip side, Cohen's biggest financial mistake was trusting others who made grand promises but ultimately failed to deliver. As Buffett's final shareholder letter warned, "Our country has forever had many scoundrels and promoters who seek to take advantage of those who mistakenly trust them with their savings."
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