Topic
Capital Allocation
All-InRyan Cohen
GameStop CEO Ryan Cohen's $56B Plan to Take Over eBay
Ryan Cohen traces the operator playbook behind Chewy and GameStop, then makes the case that eBay is a neglected marketplace with major room for cost cuts and new growth. He argues that live commerce and digital collectibles could transform eBay if the company fixes seller tooling, trims expenses, and leans into its core marketplace model.
![Artwork for Vlad Barbalat - Investing $120 Billion in Permanent Capital - [Invest Like the Best, EP.479]](https://megaphone.imgix.net/podcasts/2152d90e-6ea2-11f1-bf4e-975e0e419694/image/fcbbe05dc456cfb6040005d3f6424c41.jpg?ixlib=rails-4.3.1&max-w=3000&max-h=3000&fit=crop&auto=format,compress)
Invest Like the BestVlad Barbalat
Vlad Barbalat - Investing $120 Billion in Permanent Capital - [Invest Like the Best, EP.479]
Vlad Barbalat explains how Liberty Mutual Investments manages roughly $120 billion of permanent capital across insurance reserves and surplus, using a long-term, liquidity-aware framework rather than market forecasting. He also discusses branded capital, AI, geopolitics, and how his immigrant background shaped his views on risk, entrepreneurship, and continuous improvement.