“Why are they interviewing this guy? He doesn’t know… anything.”
I paused the Netflix pseudo-documentary and searched for a quick, thoughtful response to my wife. As the resident investment strategist of the house, my reputation was on the line.
“The dude made a lot of money on GameStop (GME). I think. Or he lost a lot. They’ll tell us at the end.”
Eat the Rich: The GameStop Saga is a fast, fun watch. You will remember the story:
- Hedge funds were massively short GME (more than 100% of its shares were sold short).
- Internet bros and gals learned this and started buying.