AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
E19: Breaking down Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?
All-In with Chamath, Jason, Sacks & Friedberg
What's the End Game?
Every stock trades based on the assumption that someone will pay more for it than i am paying for it to day. And so if everyone's belief is completely uncoupled from the underlying asset, it doesn't frinken matter. Trading stocks is not investing in businesses. We're sitting here a year from now, full yearot, what does game stop, january 20 22, look like? What does the stock price look like? What dis dis looks like? How do all resolve itself? If another five million people buy the shares and t goes to a thousand or two thousand, what happens if game stop is worth a hundred billion dollars? Ates? I ges it would
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode