My First Million cover image

My First Million

The GameStop Guy Has Returned… (And Has A New $210M Bet)

Jun 7, 2024
01:02:40
Snipd AI
Sam Parr and Shaan Puri dive into GameStop's resurgence with Keith Gill's $210M investment, Ryan Cohen's activist plays, and the rise of run clubs. They discuss luxury remote work accommodations, Broadway plays, unique fitness events, and charitable giving.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Keith Gill's genius meme branding led to a $210M GameStop windfall.
  • Roaring Kitty's resurgence sparks market speculation and investor interest.

Deep dives

Rise of the Retail Investor

The rise of retail investors like Keith Gill, also known as Roaring Kitty, is highlighted as he becomes a significant figure in the GameStop stock saga. Keith invests his money in GameStop, a struggling company targeted by larger firms for short selling. His campaign to promote GameStop on Reddit and YouTube leads to a surge in stock prices, resulting in significant gains for him amidst a David versus Goliath battle against big hedge funds.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

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

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