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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
The Big Short, Deep Fucking Value, Posts This
Michael burry discloses a three % position in the company. He high lights that 90% of game stops, 57 hundred stores, are free cash flow positive. Game stop is retail store where people by video games. And so the stock got beat up over the last couple of years as people stopped going to malls and stopped buying stuff in stores. So these guys observed that maybe there's real value in this company.
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