Sanrith Descartes
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My point was he didn't do it already having a mountain of money. He did it with a sum many of us could have put together.
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Investing General Discussion
- Thread starter Furious
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Furry
🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
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I dunno, to me that's like saying you could mirror the success of nancy pelosi's relative in investing. He started with a LOT more than just money.
Obviously he still was successful, but pointing to the money like you could do the same with just money is stupid.
Sanrith Descartes
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He turned a 53K investment into hundreds of millions by investing in a single company.
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Gravel
Mr. Poopybutthole
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Eh, he also socially engineered the whole thing though. WIthout getting thousands of Redditors (and Twitch watchers I think?) onboard with the plan, it never would've materialized into anything and he'd have lost it all.
Really, that's the story of it all. He could've picked any over shorted stock and done the same thing.
Really, that's the story of it all. He could've picked any over shorted stock and done the same thing.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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He started out with a self funded position that was around $50K
By the time the meme mania was over 2-3 months later, he walked away with something like $40M. I think he spent some time laying low because he had to deal with feds over "market manipulation" investigations. He just took his money and ghosted for a while.
I'm surprised he is back at it, but he certainly knows how to keep that crowd chasing that laser dot.
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Khane
Got something right about marriage
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Watching some of the documentaries that came out of that original GME/AMC debacle is fun. So many normies that convinced themselves they now have all the knowledge and tools of institutional investors and that they are now bonified traders and experts.
The cognitive dissonance is astounding
The cognitive dissonance is astounding
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Burnem Wizfyre
Log Wizard
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I’m a complete fucking moron but between GME and AMC I bought a Dodge Ram 1500 and a Sauna because of it.
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TJT
Mr. Poopybutthole
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That dude had no way of knowing how viral his shitposting would go.
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Gravel
Mr. Poopybutthole
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I mean, when they shut down the trades to the public the last time so the institutional investors could save their own asses, it really showed that the whole game is rigged. Doing it a 2nd time? That's ballsy. Especially when the stakes are so low all things considered.
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Sanrith Descartes
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It's like Vegas casinos banning card counters who can actually win at blackjack. Can't have people playing the game who can actually beat the house.
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Khane
Got something right about marriage
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It's called flipping the script. They want to attract the dregs back to their platform
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Gravel
Mr. Poopybutthole
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He's got beyond fuck you money at this point.
I mean, I obviously can't speak for everyone, because there are certainly people with more than him that continue to sell out. But he also doesn't seem like the type to forego his own personal compass for an endorsement deal.
I mean, I obviously can't speak for everyone, because there are certainly people with more than him that continue to sell out. But he also doesn't seem like the type to forego his own personal compass for an endorsement deal.
Tmac
Adventurer
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