GameStop Stock Trading Frenzy and the Rise of Individual Traders

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The chapter delves into the GameStop stock trading frenzy involving retail investors challenging hedge funds, controversies around halting buying but allowing selling, and the shift in trust towards platforms like Robinhood. It discusses how a particular individual is leveraging his popularity to engage with his audience through stock picks, his impact on stock prices via social media, and the potential legal implications of his actions. The narrative also explores the involvement and strategies of individuals like Ryan Cohen in GameStop and Bed Bath & Beyond as activist investors, highlighting their influence on stock movements and the finance world.

Episode 594: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) explain what’s happening with GameStop AGAIN and how Keith Gill turned $56k into $210M with memes.

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Show Notes:

(0:00) Roaring Kitty's $200M GameStop holding

(8:41) Is Keith Gill the most genius creator behind a brand?

(14:53) Where did the $65M come from?

(17:44) The 7 Stages of GameStop FOMO

(20:00) Ryan Cohen's activist investments in GameStop, Bed Bath and Beyond

(26:34) Shaan's honest take on paternity leave

(31:53) Painting the windows black

(35:42) Zach Pogrob's The Year of Obsession

(37:03) What's the deal with run clubs right now?

(39:19) Sexy faces and sexy paces

(42:04) Endurance event businesses

(45:06) Opportunity: The suburban Iron Man

(51:19) Scott Harrison gives Shaan unsolicited feedback

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Links:

• [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy

• wallstreetbets - https://www.reddit.com/r/wallstreetbets/

• Unusual Whales - https://unusualwhales.com/

• WSJ on Ryan Cohen - https://tinyurl.com/4zue9xps

• Wander - https://www.wander.com/

• The Lehman Trilogy - https://thelehmantrilogy.com/

• The Year of Obsession - https://tinyurl.com/4nsrh689

• Nick Bare - https://www.instagram.com/nickbarefitness

• RAWDAWG - https://www.instagram.com/rawdawgrunclub

• River - https://www.getriver.io/

• 29029 Everesting - https://29029everesting.com/

• Rock n Roll Running - https://www.runrocknroll.com/

• thespeedproject - https://www.instagram.com/thespeedproject

• Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf

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Check Out Shaan's Stuff:

Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd

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Check Out Sam's Stuff:

• Hampton - https://www.joinhampton.com/

• Ideation Bootcamp - https://www.ideationbootcamp.co/

• Copy That - https://copythat.com

• Hampton Wealth Survey - https://joinhampton.com/wealth

• Sam’s List - http://samslist.co/

My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano