Hello guys, Welcome to Africa's Largest Video Search Engine, and you are watching The Return of Meme Stock Investing | Spencer Jakab & Andrew Left. and this video is uploaded by Hidden Forces at 2024-06-17T07:00:37-07:00. We are just promoting this video only for entertainment and educational purpose only. I hop you like our Video Search Engine. [jSAeR-PIzP4]
| Name | The Return of Meme Stock Investing | Spencer Jakab & Andrew Left |
| Video Uploader | Video From Hidden Forces |
| Upload Date | This Video Uploaded At 17-06-2024 14:00:37 |
| Video Discription | In Episode 367 of Hidden Forces, Demetri Kofinas speaks with Spencer Jakab and Andrew Left. Jakab is an award-winning financial journalist who edits the Wall Street Journal’s “Heard on the Street” column. He is also the author of “The Revolution That Wasn't,” a book about the meme stock craze that overtook the video game retailer GameStop in 2021 and the heroes and villains, like activist short-seller Andrew Left, who made that story so captivating and powerful. As the founder of Citron Research, Andrew famously bet against GameStop during the mania of 2021, only to get squeezed out of his position as the stock rallied to the unimaginable heights of $483 per share. Last week, amidst the excitement and uproar of Keith Gill’s anticipated return as ‘Roaring Kitty,’ the hero of Wall Street Bets and the face of the GameStop meme craze, Andrew announced that he was at it again, taking a new short position in the video game retailer, albeit at a significantly reduced size from the one he was forced to close three years ago. Demetri devotes the episode’s first hour to recapping the GameStop meme craze and how it relates to the concept of Financial Nihilism that he developed in 2019 and about which he began publishing episodes in early 2020. He, Andrew, and Spencer discuss the role of narrative investing, the characters that make up a good financial story, and how those character archetypes come together to generate interest and excitement around a given company’s stock or crypto token in the hopes that it could lead to life-changing profits, a communal sense of belonging, and a whole lot of fun. In the second hour, Demetri asks Andrew and Spencer if they think that this latest resurgence in the price of GameStop is a late aftershock to the 2021 meme stock mania or if it is a sign of things to come as liquidity ramps higher ahead of the 2024 election. Kofinas also asks Left about how this investment philosophy of financial nihilism has impacted the ability of activist short-sellers like him to operate, what he thinks explains this change in attitude towards the stock market among Millennials and Zoomers, and how the forces driving it are impacting our politics and society at large. You can subscribe to our premium content and access our premium feed, episode transcripts, and Intelligence Reports at https://hiddenforces.io/subscribe. If you want to join in on the conversation and become a member of the Hidden Forces Genius community, which includes Q&A calls with guests, access to special research and analysis, in-person events, and dinners, you can also do that on our subscriber page at HiddenForces.io/subscribe. If you enjoyed listening to today’s episode of Hidden Forces, you can help support the show by doing the following: Subscribe on Apple Podcasts | YouTube | Spotify | Stitcher | SoundCloud | CastBox | RSS Feed Write us a review on Apple Podcasts at https://apple.co/3fLSIgR Write us a review on Spotify at https://spoti.fi/3tv4zYr Subscribe to our mailing list at https://hiddenforces.io/newsletter/ Subscribe and Support the Podcast at https://hiddenforces.io Follow Hidden Forces on Twitter: https://twitter.com/hiddenforcespod Follow Demetri on Twitter: https://twitter.com/kofinas Producer & Host: Demetri Kofinas Editor & Engineer: Stylianos Nicolaou Follow Demetri on Twitter at @Kofinas Episode Recorded on 06/12/2024 [jSAeR-PIzP4] |
| Category | Education |
| Tags | Hidden Forces | Demetri Kofinas | financial nihilism | market nihilism | andrew left | spencer jakab | meme stocks | what is a meme stock? | narrative investing | investing in meme stocks | keith gill | gamestop | roaring kitty | wallstreetbets | dave portnoy | robbinhood | etrade | amc | ryan cohen | game stop | gme | $gme | fed printer | meme stocks explained | meme stocks are back | gamestop stock explained | gamestop roaring kitty | gamma squeeze explained | what is a degen | crypto vs. meme stocks |
