AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
21min chapter
GameStop, Citadel, And The Fleecing Of Small Investors | Spencer Jakab
Forward Guidance
The GameStop Stock Surge and the Role of Robinhood
This chapter discusses the events surrounding the GameStop stock surge and the role of Robin Hood, a popular trading app. It explains how Robin Hood allowed users to trade for free, attracting a young cohort of traders. The chapter also mentions how the clearing house contacted Robin Hood, asking for $3 billion of collateral to cover the trades. Additionally, it touches on the strategy of using call options to increase profits and highlights the ease and addictiveness of the Robin Hood app.
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