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Bloomberg Businessweek
‘Dumb Money’ Looks at GameStop Short Squeeze
Sep 25, 2023
Aaron Ryder, producer of Dumb Money, discusses making a movie about the GameStop short squeeze phenomenon. They talk about their research process, financing the film during the meme stock craze, and their favorite moments while making the movie.
18:31
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Quick takeaways
- The movie 'Dumb Money' explores how retail traders on the Reddit forum WallStreetBets challenged established Wall Street norms by joining together in an unexpected movement during the GameStop saga.
- The film 'Dumb Money' aims to capture the essence of a populist uprising by humanizing the experiences of everyday people participating in the meme stock era, shedding light on the changing dynamics of investing and the impact of technology on financial markets.
Deep dives
Film inspired by the GameStop saga
The movie 'Dumb Money' tells the story of the GameStop saga and the involvement of retail traders in the stock market. The film explores how everyday people, particularly those on the Reddit forum WallStreetBets, joined together in an unexpected movement to challenge established Wall Street norms. The protagonist, Keith Gill (Roaring Kitty), emerges as a central figure in this revolution, and the movie aims to capture the essence of the David versus Goliath struggle.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode