How WallStreetBets REALLY Started!

  Рет қаралды 240,361

Patrick Boyle

Patrick Boyle

Күн бұрын

Пікірлер: 460
@PBoyle
@PBoyle 6 ай бұрын
Enjoy 10% OFF on all Hoverpens and free shipping to most countries with code PATRICK: North America & other countries: bit.ly/patrickb_novium UK & Europe: bit.ly/patrickb_noviumeu
@NormAppleton
@NormAppleton 6 ай бұрын
New meaning to "IT'S PATRICK"
@AlexSwanson-rw7cv
@AlexSwanson-rw7cv 6 ай бұрын
The problem is I'm already imagining Patrick dryly lampooning hoverpens.
@Rikaishi
@Rikaishi 6 ай бұрын
@@AlexSwanson-rw7cv He can comment on how the very expensive gold-nibbed fountain pen somehow doesn't have an iridium tip, which my sister tells me is standard for expensive pens since stainless steel is too scratchy. Pretty weird choice by Novium given that all iridium comes from space so you'd think that would fit right in with their interstellar edition. (correction: The "Iridium" used by manufacturers of expensive fountain pens today apparently hasn't contained any actual iridium since the 50s, and is usually some mix of ruthenium, rhenium and tungsten)
@peterbenjamins
@peterbenjamins 2 ай бұрын
Patrick, I am not a knowledgeable investor, I find your videos to be the most informational and educational on what is happening and what has happened in the world of finance. Thank YOU!!!
@benchoflemons398
@benchoflemons398 6 ай бұрын
I honestly thought that the floating pen sponsorship was a joke at first.
@hpenvy1106
@hpenvy1106 6 ай бұрын
That's a pen.... (is)
@alphakevin687
@alphakevin687 6 ай бұрын
I mean, its a pen, and it hovers. So it delivers on the basic premise, thats worth a lot these times.
@timg1246
@timg1246 6 ай бұрын
​@@alphakevin687OK, I'll invest....
@SigFigNewton
@SigFigNewton 6 ай бұрын
Did they target the right audience?
@techsuvara
@techsuvara 6 ай бұрын
@@alphakevin687 means more than we give it credit for.
@personzorz
@personzorz 6 ай бұрын
It's so nice to see an author willing to give an interview to a rap channel.
@Nice_Fella
@Nice_Fella 6 ай бұрын
I remember being in the chat teaching Patrick how to pronounce "Meme" correctly in one of the first Livestreams during the Gamestop saga, and now he's involved in books about financial memes! Very cool. Love your takes on things Mr Boyle, and especially your sense of humour. Glad to see how far your channel has come along! I hope you are very proud of your successes, and you deserve full credit!
@durrer9038
@durrer9038 6 ай бұрын
That's so cool 😃
@DataBasedTrader
@DataBasedTrader 6 ай бұрын
That flying pen is gonna be the next meme stock thanks to this channel
@DamnHeadHumpers
@DamnHeadHumpers 6 ай бұрын
I thought it was some kind dildo or something at first
@snakeyman5560
@snakeyman5560 6 ай бұрын
Patrick Boyle really got sponsored by the Tesla of pens 😂
@operator8014
@operator8014 6 ай бұрын
​@SploinkyDH.The only one making any actual progress? Pushing the pen/automotive world forward, into stupid new territory.
@tomwallen7271
@tomwallen7271 6 ай бұрын
I was about to say.. I was sold on the smash at the opening. "What is THAT!?"
@Fleezblarp
@Fleezblarp 6 ай бұрын
it would be if they promised feature complete self writing pens that would result in a 90% ROI per year for 7 years without delivering.
@NormAppleton
@NormAppleton 6 ай бұрын
@@operator8014 Goood, I almost thought you were an acolyte.
@paladro
@paladro 6 ай бұрын
@@ankitathomas9960 you think tesla is actual progress? pfft ok.
@Noahvelli21
@Noahvelli21 6 ай бұрын
The funny thing about watching you interview someone is that I just now realized I’ve heard you speak for HOURS… and I’ve never heard you interact with another person until just now.
@vitorschroederdosanjos6539
@vitorschroederdosanjos6539 6 ай бұрын
Love the video as always, I like it when rap youtubers speak with book writers, always an interesting conversation
@wesleychaffin4029
@wesleychaffin4029 6 ай бұрын
I’ll never forget on early wall st bets when someone was explaining that they put all of their retirement savings into $SPY calls because “stocks only go up”. I hope that person is doing well
@luciusseneca2715
@luciusseneca2715 6 ай бұрын
Tell me you're a nerd without telling me you're a nerd: "Here's a pen with a meteorite shard in it."
@markcarey67
@markcarey67 6 ай бұрын
Putting the pen ad on this episode "Trolls of Wall Street" was more priceless PB dry humour....cue Leo "sell me this pen"....
@BenjaminMRogers
@BenjaminMRogers 6 ай бұрын
I glanced at this and thought Patrick got Matt Damon on the channel.
@Goblynn-s5l
@Goblynn-s5l 6 ай бұрын
He plays matt damon in the movies😂😂😂
@AngelinaATF
@AngelinaATF 6 ай бұрын
lol 😃Ben~ You’re not alone‼️First thing I thought was if Matt’s hair were darker, they could be brothers‼️🙂👍
@morganseppy5180
@morganseppy5180 6 ай бұрын
Guest looks like Al Franken's kid
@schwizelled
@schwizelled 5 ай бұрын
I was gonna say Mark Walberg. But let's be honest, who can really tell them apart?
@gswdeclan
@gswdeclan 5 ай бұрын
The love child of Matt Damon and Al Franken.
@Mrinsecure
@Mrinsecure 6 ай бұрын
This video is a fascinating counterpoint to Dan Olson's "This is Financial Advice," which is about the memestock "movement" and how it developed after the initial bubble burst. Or, as Olson describes it, how they transformed into essentially a financial investment cult.
@KnakuanaRka
@KnakuanaRka 6 ай бұрын
Yeah, I recommend that big-time as well.
@QuickQuips
@QuickQuips Ай бұрын
His video about crypto and nfts also shares the online distrust of experts that Patrick also covered at one point.
@dpagain2167
@dpagain2167 6 ай бұрын
Years ago there was a penny stock market in Denver. The stocks would be boosted at cocktail parties by CEOs who would say, "I'm not supposed to tell you this but (stock X)is on its way up. Now such people don't go to cocktail parties, they stay at home on the internet.
@NormAppleton
@NormAppleton 6 ай бұрын
The entire NYSE was decided over double scotches and still is.
@mikatu
@mikatu 6 ай бұрын
wait until you discover that the prices are going up only because the money value is going down.....
@Gcock
@Gcock 6 ай бұрын
Very true, sir.
@DwightStJohn-w1l
@DwightStJohn-w1l 5 ай бұрын
In Vancouver Canada we call them "Howe Street Hookers"; the penny stock exchange (now a dollar stock exchange) is on Howe St. in Vancouver. the WSJ in 1970 categorized Van. as a notch below SLC (or Denver) and a notch above the Mexico City exchange. Mexico is now doing better. !!!!
@theminer49erz
@theminer49erz 6 ай бұрын
You are a fantastic interviewer btw! Every one I have seen has been spot on, in every way! Your questions and "leading" of the conversation makes the whole thing flow perfectly while maintaining a tone that demands attention. You tend to have good guests, too. Even your body language voice etc are great! Better than many hosts on network TV imo. Maybe you could be the host of the new YO! MTV Raps Financial show?! Then again, this is already that in spirit. Thanks for the video Yo! I always look forward to your new ones! Stay coolin Holmeskillit!
@PBoyle
@PBoyle 6 ай бұрын
Thanks to our growing list of Patreon Sponsors and Channel Members for supporting the channel. www.patreon.com/PatrickBoyleOnFinance : Paul Rohrbaugh, Douglas Caldwell, Greg Blake, Michal Lacko, Dougald Middleton, David O'Connor, Douglas Caldwell, Carsten Baukrowitz, Robert Wave, Jason Young, Ness Jung, Ben Brown, yourcheapdate, Dorothy Watson, Michael A Mayo, Chris Deister, Fredrick Saupe, Winston Wolfe, Adrian, Aaron Rose, Greg Thatcher, Chris Nicholls, Stephen, Joshua Rosenthal, Corgi, Adi, maRiano polidoRi, Joe Del Vicario, Marcio Andreazzi, Stefan Alexander, Stefan Penner, Scott Guthery, Luis Carmona, Keith Elkin, Claire Walsh, Marek Novák, Richard Stagg, Stephen Mortimer, Heinrich, Edgar De Sola, Sprite_tm, Wade Hobbs, Julie, Gregory Mahoney, Tom, Andre Michel, MrLuigi1138, sugarfrosted, Stephen Walker, Daniel Soderberg, John Tran, Noel Kurth, Alex Do, Simon Crosby, Gary Yrag, Dominique Buri, Sebastian, Charles, C.J. Christie, Daniel, David Schirrmacher, Ultramagic, Tim Jamison, Sam Freed,Mike Farmwald, DaFlesh, Michael Wilson, Peter Weiden, Adam Stickney, Agatha DeStories, Suzy Maclay, scott johnson, Brian K Lee, Jonathan Metter, freebird, Alexander E F, Forrest Mobley, Matthew Colter, lee beville, Fernanda Alario, William j Murphy, Atanas Atanasov, Maximiliano Rios, WhiskeyTuesday, Callum McLean, Christopher Lesner, Ivo Stoicov, William Ching, Georgios Kontogiannis, Dru Hill, Todd Gross, D F CICU, JAG, Pjotr Bekkering, Jason Harner, Nesh Hassan, Brainless, Ziad Azam, Ed, Artiom Casapu, Eric Holloman, ML, Meee, Carlos Arellano, Paul McCourt, Simon Bone, joel köykkä, Alan Medina, Chris Rock, Vik, Fly Girl, james brummel, Jessie Chiu, M G, Olivier Goemans, Martin Dráb, Boris Badinoff, eliott, Bill Walsh, Stephen Fotos, Brian McCullough, Sarah, Jonathan Horn, steel, Izidor Vetrih, Brian W Bush, James Hoctor, Eduardo, Jay T, Claude Chevroulet, Davíð Örn Jóhannesson, storm, Janusz Wieczorek, D Vidot, Christopher Boersma, Stephan Prinz, Norman A. Letterman, georgejr, Keanu Thierolf, Jeffrey, Matthew Berry, pawel irisik, Chris Davey, Michael Jones, Alfred, Ekaterina Lukyanets, Scott Gardner, Viktor Nilsson, Martin Esser, Paul Hilscher, Eric, Larry, Nam Nguyen, Lukas Braszus, hyeora,Swain Gant, Kirk Naylor-Vane, Earnest Williams, Subliminal Transformation, Kurt Mueller, KoolJBlack, MrDietsam, Saaientist, Shaun Alexander, Angelo Rauseo, Bo Grünberger, Henk S, Okke, Michael Chow, TheGabornator, Andrew Backer, Olivia Ney, Zachary Tu, Andrew Price, Alexandre Mah, Jean-Philippe Lemoussu, Gautham Chandra, Heather Meeker, John Martin, Daniel Taylor, Nishil, Nigel Knight, gavin, Arjun K.S, Louis Görtz, Jordan Millar, Molly Carr,Joshua, Shaun Deanesh, Eric Bowden, Felix Goroncy, helter_seltzer, Zhngy, lazypikachu23, Compuart, Tom Eccles, AT, Adgn, STEPHEN INGRA, Clement Schoepfer, M, A M, Dave Jones, Julien Leveille, Piotr Kłos, Chan Mun Kay, Kirandeep Kaur, Jacob Warbrick, David Kavanagh, Kalimero, Omer Secer, Yura Vladimirovich, Alexander List, korede oguntuga, Thomas Foster, Zoe Nolan, Mihai, Bolutife Ogunsuyi, Hong Phuc Luong, Old Ulysses, Mann, Rolf-Are Åbotsvik, Erik Johansson, Nay Lin Tun, Genji, Tom Sinnott, Sean Wheeler, Tom, Артем Мельников, Matthew Loos, Jaroslav Tupý, The Collier Report, Sola F, Rick Thor, Denis R, jugakalpa das, vicco55, vasan krish, DataLog, Johanes Sugiharto, Mark Pascarella, Gregory Gleason, Browning Mank, lulu minator, Mario Stemmann, Christopher Leigh, Michael Bascom, heathen99, Taivo Hiielaid, TheLunarBear, Scott Guthery, Irmantas Joksas, Leopoldo Silva, Henri Morse, Tiger, Angie at Work, francois meunier, Greg Thatcher, justine waje, Chris Deister, Peng Kuan Soh, Justin Subtle, John Spenceley, Gary Manotoc, Mauricio Villalobos B, Max Kaye, Serene Cynic, Yan Babitski, faraz arabi, Marcos Cuellar, Jay Hart, Petteri Korhonen, Safira Wibawa, Matthew Twomey, Adi Shafir, Dablo Escobud, Vivian Pang, Ian Sinclair, doug ritchie, Rod Whelan, Bob Wang, George O, Zephyral, Stefano Angioletti, Sam Searle, Travis Glanzer, Hazman Elias, Alex Sss, saylesma, Jennifer Settle, Anh Minh, Dan Sellers, David H Heinrich, Chris Chia, David Hay, Sandro, Leona, Yan Dubin, Genji, Brian Shaw, neil mclure, Francis Torok, Jeff Page, Stephen Heiner, Peter, Tadas Šubonis, Adam, Antonio, Patrick Alexander, Greg L, Paul Roland Carlos Garcia Cabral, NotThatDan, Diarmuid Kelly, Juanita Lantini, hb, Martin, Julius Schulte, Yixuan Zheng, Greater Fool, Katja K, neosama, Shivani N, HoneyBadger, Hamish Ivey-Law, Ed, Richárd Nagyfi, griffll8, Oliver Sun, Soumnek, Justyna Kolniak, Vasil Papadhimitri, Devin Lunney, Jan Kowalski, Roberta Tsang, Shuo Wang, Joe Mosbacher, Mitchell Blackmore, Cameron Kilgore, Robert B. Cowan, Nora, Rio.r, Rod, George Pennington, Danial Ramzan, Liam, Sergiu Coroi, Nate Perry, Eric Lee, and Yoshinao Kumaga.
@howardcarney1502
@howardcarney1502 6 ай бұрын
I was a member of wsb before it blue up.. around the time of GameStop I got banned from wall street bets when I suggested not to trade 1dte otm calls. I suggested that instead buy leaps that are itm already on stocks you know about well. At first I was upset I got banned but I decided to sell the same calls those idiots where buying like lottery tickets. My portfolio is healthy thanks wsb for the consistent yields.
@dismurrart6648
@dismurrart6648 6 ай бұрын
Wsb has become a crowdsourced jim cramer. Funny enough, i randomly bought some gme when it was 3 bucks, sold that December before planning to rebuy in spring. I had no clue anyone was talking about gme at all.
@DwightStJohn-w1l
@DwightStJohn-w1l 5 ай бұрын
My uncle played the market for decades, a FABULOUS buyer and a nasty really BAD seller. Usually you are one, or the other. the KEY is to know which one you are, and listen to those who are really good at the opposite of what you're skillset is going.
@neild2605
@neild2605 6 ай бұрын
A hover pen, I'll get that to go with the roller blades for cats, and sun screen for rocks I bought, think about it rocks can't just walk into the shade on a hot day.
@sunny3907
@sunny3907 6 ай бұрын
Nobody thinks about the rocks, everybody only thinks about themselves. WE LIVE IN A SOCIETY
@vicaria119
@vicaria119 6 ай бұрын
I will never be as classy as patric with a fountain pen.
@mcpaintball
@mcpaintball 6 ай бұрын
If Patrick ever connects the dead Cisco phone on his desk, I'm sneaking in and changing his ringtones every night
@davegreen4681
@davegreen4681 6 ай бұрын
Excellent interview Patrick.
@God__Emperor_
@God__Emperor_ 6 ай бұрын
This was a great interview. Been awhile since I listened to one I enjoyed this much.
@admthrawnuru
@admthrawnuru 6 ай бұрын
I said that the time and I continue to maintain that whatever other silliness happened one effect of the GameStop short squeeze was a market-driven correction to hedge fund manipulation. I consider this a good thing overall
@thomascrew8268
@thomascrew8268 6 ай бұрын
This interview format worked well.
@brianives4843
@brianives4843 8 күн бұрын
I am not professing any academia; however, I do understand how crowds work on Bourbon Street in New Orleans -- Listening to you both, respectfully, I am sensing a similar vibe of when I was trained to hawk rhythm and blues clubs. First, if it had anything to do with me, I would already know about it. Second, there are times to hawk (bring them in), and times to watch (let them pass). It was a Master's class from Lenny, via Vegas via Vietnam via Brooklyn. I am grateful for the complexity there and here in this moment.
@brianives4843
@brianives4843 8 күн бұрын
Lenny would have appreciated this rap channel.
@flotsamike
@flotsamike 6 ай бұрын
9 years away from the UK and I'm still surprised when I hear someone use the phrase" to be honest" before giving someone a compliment. I know it's to make clear that the person is not being sarcastic, but I don't think most people notice they're doing it.
@davidpearn5925
@davidpearn5925 6 ай бұрын
To be honest (this time) begs the question......... Funny as.
@God__Emperor_
@God__Emperor_ 6 ай бұрын
My favorite reply to that is "I thought we were being honest this entire time." Can't remember where I first heard it.
@Velereonics
@Velereonics 6 ай бұрын
actually to be honest is often used to precede sarcasm ... you have to read sarcasm through tone and you can only do that if you are in the same culture
@whycantibefree
@whycantibefree 6 ай бұрын
To be fair, I say it all the time and dont realise I’m doing it.
@saarangsahasrabudhe8634
@saarangsahasrabudhe8634 6 ай бұрын
Americans use the phrase: "Can I be real a second?" or "Off-the record" instead.
@danielz2131
@danielz2131 6 ай бұрын
Pat, you are just too good, wise, and just plan-Smart. Thank God for the Irish!
@violarulez
@violarulez 6 ай бұрын
roaring kitty is actually a sharp guy. his videos about spreadsheets and browser tools are excellent and some of the better educational material on youtube. he's only a meme troll guy to people who don't look closely at things.
@yokothespacewhale
@yokothespacewhale 6 ай бұрын
Im glad someone drew the scholarly map of how the occupy era led to GameStop. One of the most pernicious GameStop takes I saw were along the lines of “lol we’re more effective than occupy” which, aside from debating the size of beans, was also just more unnecessary generational warfare.
@yokothespacewhale
@yokothespacewhale 6 ай бұрын
@@squelette0in the sense a flower is more effective than a bud, sure. No billionaires were making margins on pumping occupy tm stock though
@notnotkavi
@notnotkavi 6 ай бұрын
I remember saying basically that "this seems about as effective as occupy" specifically as a way to criticize them lol
@parafitality2730
@parafitality2730 6 ай бұрын
Been in WSB before 1M and when Pharma Bro Martin was honorary mod - It never had anything to do with occupy until someone decided to say "f the shortsellers". From between $2 - $10 it was all memeing on Keith, Keith doing KZbin analysis and other people supporting when CHWY CEO joined which suggested a change in direction. As much as I hate the "Dumb Money" narrative, the OGs made bank on the public lol
@NormAppleton
@NormAppleton 6 ай бұрын
Nahhh, how many angels on the head of a pin.
@FuckYourSelf99
@FuckYourSelf99 6 ай бұрын
Dan Olson's video 'This Is Financial Advice' covered it too, as did his superb 'Line Goes Up'.
@tdylan
@tdylan 6 ай бұрын
That "selling it short" joke is really good.
@TheLucanicLord
@TheLucanicLord 6 ай бұрын
I didn't want to laugh but I had no option.
@yiannis.demetriou9696
@yiannis.demetriou9696 5 ай бұрын
Great interview! Thank you both
@leojohn1615
@leojohn1615 5 ай бұрын
its amazing to see how politicized people in the US are on average compared to other countries like the UK definitely felt that in this video. I love the way that Patrick remains somewhat objective despite obviously having his own views makes him much more watchable for people from any side of the aisle
@mattanderson6672
@mattanderson6672 5 ай бұрын
Brilliant discussion, thank you both!
@ImpmanPDX
@ImpmanPDX 6 ай бұрын
I've long believed Dave Barry's theory that having a V.E.P (very expensive pen) was one of the sure-fire ways to let people know that you were successful both in business and in life in general. As much as that is very sarcastic: I really like the Hoverpen: Future and am willing to save $150 or so to get one.
@davidtydeman1434
@davidtydeman1434 6 ай бұрын
Patrick has gone casual today. I think this is his gardening outfit 😂😂😂
@robertbelton7635
@robertbelton7635 6 ай бұрын
I am not a cat
@vaporisedair4919
@vaporisedair4919 6 ай бұрын
*opens can of tuna*
@crazyyy9713
@crazyyy9713 6 ай бұрын
​@vaporisedair4919 yumm
@chuckenergy
@chuckenergy 6 ай бұрын
the way the wiggling pen got all my attention...
@beckysam3913
@beckysam3913 6 ай бұрын
😂😂😂😂 that filter
@_tubes_
@_tubes_ 6 ай бұрын
Great interview! Which of your books would you recommend for a book club?
@deangalvin1977
@deangalvin1977 6 ай бұрын
You make me laugh. Thank you brother.
@RockyOutcrop
@RockyOutcrop 6 ай бұрын
Hey Patrick thanks for the video. What book would you recommend for a book club? We are going to be discussing Brent Donnely’s FX book and the mental game of trading by Steven Goldstein next, so far we have covered Market Wizards, Trader Vic and Bellafiore’s Playbook. Feel free to recommend your own books 😅
@arikaGME
@arikaGME 6 ай бұрын
@rockyoutcrop is the best man for technical analysis in the entire GME community. Definitely worth following.
@Skepticalcapital
@Skepticalcapital 6 ай бұрын
He has recommended and reviewed Reminiscence of a stock operator and believe he has mentioned education of a speculator.
@jonathanswink2682
@jonathanswink2682 6 ай бұрын
Fantastic interview
@anonymous.youtuber
@anonymous.youtuber 6 ай бұрын
The hover pen is a must have for any spin doctor !
@kylebowles9820
@kylebowles9820 6 ай бұрын
I had to finish binging old videos before hopping over to the new one
@WasabiJohn
@WasabiJohn 3 ай бұрын
Let's get Patrick to a million subscribers!!!
@scotishdude
@scotishdude 6 ай бұрын
amazimg conversation 😊
@DK_______
@DK_______ 3 ай бұрын
I lurked on WSB when NVIDIA was $12 and there was massive hype about it. I don't know how many people have held it since back then I know I certainly didn't unfortunately.
@Yakuzachris10
@Yakuzachris10 6 ай бұрын
Patrick wouid be perfect for doing a sarcasticly dry review of books NOT to read. I really want to hear is take on current finance influencers and the common book and course scams they always offer.
@homelessinvestor2000
@homelessinvestor2000 6 ай бұрын
Great discussion guys.
@ricks5756
@ricks5756 6 ай бұрын
Back in the 1990's I use to believe in online 'free speech'. After running my own IRC and forums for over 25+ years now, I can say that the shear amount of highly toxic cow manure users post needs to be moderated. Anyone who doesn't believe me, go start your own community and do not moderate the chat or forums. I would love to know how long it takes before your group is completely drowned in drama & garbage.
@YourCapyFrenBigly_3DPipes1999
@YourCapyFrenBigly_3DPipes1999 6 ай бұрын
I think as long as the boards don't degenerate into total insanity it should remain almost fully uncontrolled. People should feel free to say almost anything, although I agree that some comments go too far, but I want to be careful when it comes to forcefully preventing free communication. Not all ideas are great or positive but only be being able to share one's ideas is there a chance that one can reevaluate themselves at any point. I would rather give other people a chance to honestly react to a negative sentiment thereby giving that person opportunity to possibly change their mind, then simply clamping down. Most drama online will work itself out in a pretty short time period without outside interference. So I do oppose most moderation because I've never felt it ever helped me have a more enriching online experience than I would otherwise without someone trying to control my words, or the words of others. If I feel someone is way out of bounds I'd prefer the right to tell them so, or at least report them, then someone preventing us from speaking. Disagreements and debates can be just as valuable as calm conversations where everyone feels the same way. Moderation really bothers me because it's someone else taking away my right to say what's on my mind, or react to those of others. Its not like I can't leave the space if I feel it's no longer worthwhile for me. So in almost all cases I oppose moderation and speech control. As an adult I don't need others trying to protect my delicate ears or shut me down and I want to hear from those who disagree with as well as agree with me. For 18+ spaces I feel most moderation is either unfair or counterproductive or does a disservice to it's users.
@flann3884
@flann3884 5 ай бұрын
Not in my community, maybe you're just bad at running an online community. No, I believe in free speech throughout, whether it's online or in real life. There's no room for negotiation and no "buts" in free speech.
@TheHumbleThinker
@TheHumbleThinker 3 ай бұрын
Very professional style of interviewing the person.
@windowdoog
@windowdoog 6 ай бұрын
Disappointing how little time was devoted to ornamental gourd futures.
@darthinsanitus8510
@darthinsanitus8510 6 ай бұрын
Synapse and Yotta collapse…I think a crazy fintech story is right up your alley
@_sh1123
@_sh1123 6 ай бұрын
Thank you both!
@LynnnnnnnnnN
@LynnnnnnnnnN 6 ай бұрын
Love your videos Patrick!!! 😎
@Hamboarding
@Hamboarding 5 ай бұрын
A very cool book! Popper really succeeds in pointing out traces of greater societal trends within the online discourse on finance, perfect for me coming from philosophy.
@vitorschroederdosanjos6539
@vitorschroederdosanjos6539 6 ай бұрын
That pen looks so cool
@alexy2510
@alexy2510 6 ай бұрын
I love these interviews. Patrick has a great skill in bringing out the deeper points from the works and clearly understands both the subject and authors perspect, unlike so many interviewers. I bought number go up after his interview with Zeke Faux, ill probably buy this one too because this guy clearly understands why the subject is interesting unlike that hack ben mezerick
@alsoknownasMaSTeR
@alsoknownasMaSTeR 6 ай бұрын
Need to balance the audio, Patrick! I could barely hear your guest! Great content as usual!
@gordongekko2781
@gordongekko2781 6 ай бұрын
I find it fascinating how everyone focuses on the big winners in this situation - the few guys who made millions. But, no one ever acknowledges that this was a zero sum game from the start. The stocks did crash back down. That means for every millionaire that was created, there were literally THOUSANDS of people who lost their money on these plays. And the fact is had those people simply bought an index fund and sat on it this whole time, then they would be ahead right now.
@Pdub_Productions
@Pdub_Productions 6 ай бұрын
Not sure you actually understand what the point was. 8 hedge funds shorted around 140% of the float. They lost billions of dollars covering their shorts. Robin Hood, for whatever reason, disallow buying the stock which caused panic selling, which i allowed seven of those hedge funds to cover their contracts. The vast majority of the money that was lost came from those hedge funds. Initially, the people who invested, when they were on Stocktwits, did so because of fundamentals. Once they got to WSB, it was a parent that it was going to be possible to force a short squeeze. The point was to cause pain to the hedge funds. Everybody knows. Many of the people would’ve been better off if they just stuck with ETFs, but that was not the point of the exercise.
@gordongekko2781
@gordongekko2781 6 ай бұрын
@@Pdub_Productions So, who do you think was left holding all of those shares when it came crashing back down? It wasn't the hedge funds. They were never long the stock. Some retail traders made a bundle, some lost a bundle, some hedgies also lost a fortune, and some hedgies made their money back in the crash that followed. In the end it was a zero sum game, because the company isn't actually creating wealth. In reality the company is losing money. All of this is just a shell game. But, it's off to the races again, so it'll be entertaining to see where it peaks this time before inevitably crashing back down again.
@roc7880
@roc7880 6 ай бұрын
the madness of mobs or the wisdom of crowds? this is the question.
@Ikaros23
@Ikaros23 6 ай бұрын
Just remember that i will stay irrational longer than you will stay solvent 😂
@saucdfoodcart4639
@saucdfoodcart4639 6 ай бұрын
I missed the stream, surprised he didn't talk about LPSN
@bmjshadow9145
@bmjshadow9145 6 ай бұрын
Hey I know u
@crazyyy9713
@crazyyy9713 6 ай бұрын
Hey i know u ​@@bmjshadow9145
@banishedprivateer
@banishedprivateer 6 ай бұрын
Roaring Kitty didn't cash out and sell... He actually sold some calls he had to exercise the remaining calls and he ended up with his 150,000 shares I think? Either way, it was never posted officially that he sold out or reduced his position, he only sold some options he had.
@Lordycord_7
@Lordycord_7 6 ай бұрын
last update was 200K Shares Pre Split
@bzmiatas
@bzmiatas 6 ай бұрын
Surprise! He has a few more than that!
@theoneandonlysoslappy
@theoneandonlysoslappy 6 ай бұрын
Great interview. Seems like a great read
@yuglesstube
@yuglesstube 6 ай бұрын
Excellent!
@zetaconvex1987
@zetaconvex1987 6 ай бұрын
Patrick's wife: Oh, it's a pen. Boy did I get that one wrong.
@Darkcoffeee
@Darkcoffeee 5 ай бұрын
learning about robinhood halting trading of gamestop was ironically one of the things that motivated me to learn about the stock market to begin with.
@FidesAla
@FidesAla 6 ай бұрын
Take a drink every time they say “community”, because anything is okay as long as you do it in a “community”.
@AC_Trades
@AC_Trades 6 ай бұрын
@rockyoutcrop would have been ideal for this conversation
@RockyOutcrop
@RockyOutcrop 6 ай бұрын
Cheers! 🥂
@eljefe7931
@eljefe7931 6 ай бұрын
The best
@goodversusevilcontinues12
@goodversusevilcontinues12 6 ай бұрын
EXCELLENT, WILL PURCHASE BOOK.
@MorrisFilmPhoto
@MorrisFilmPhoto 6 ай бұрын
Great ⭐️ Interview ⭐️ Thanks
@danielbomgaars1008
@danielbomgaars1008 6 ай бұрын
Super interesting. Gonna read this one
@kyleinpa5285
@kyleinpa5285 6 ай бұрын
Good timing for this video Patrick! I just bought some GME this morning 😎🔥
@ScottLovenberg
@ScottLovenberg 6 ай бұрын
I was going to upvote, but you're at 137 and 1/137 is the cosmological constant. I didn't want to mess with perfection. So, here's a comment.
@MathematicsStudent
@MathematicsStudent 6 ай бұрын
1/137 is not the value of the cosmological constant! It's approximately the value of the fine structure constant.
@ScottLovenberg
@ScottLovenberg 6 ай бұрын
@@MathematicsStudent my bad. You're right. I was shooting from the hip.
@AngelinaATF
@AngelinaATF 6 ай бұрын
⁠​⁠@@ScottLovenbergI cannot believe you confused the Cosmo constant w Sommerfield constant (fine-structure) lol‼️😆 I took physics in Chinese & felt blessed every single day that I made it thru that year. I thank god mathematical only has 1 language whilst there are approx. 6500 languages spoken around-the-world!🤣🤣 AND I got a B in physics too as the professor decided to curve the grades‼️😆Thank you Dr. HUANG‼️🤗
@ScottLovenberg
@ScottLovenberg 6 ай бұрын
@@AngelinaATF you would be amazed at what you get wrong twenty years after college. ;)
@AngelinaATF
@AngelinaATF 6 ай бұрын
@@ScottLovenberg I was only joking but I have ya beat.😁Try 24 yrs‼️😆 I think I’ve forgotten nearly everything from Physics as I was so overwhelmed w the language barrier. I think we had only 15 kids in the class & I was the only female. (University of Hawaii). I’m ashamed to say I used to paint my nails 💅in Biochemistry lectures & again, I was only female in the class & definitely only person not-Asian. Those boys used to watch me w such confusion, probably wondering how the heck I passed the classes lol. Truth is we had great professors bc who doesn’t want to live in Hawaii (esp back in the day!) so most were Ivy-league and gave us an abundance of time/knowledge. I was just very young (to explain the 💅😆). I did go on to finish my doctorate but I had to go to a diff state bc they didn’t have my major😪. I do regret leaving Hawaii.🌴🌺🌸🌺⛰️🏖️🌋It was 💫magical. ✨
@staninjapan07
@staninjapan07 6 ай бұрын
Thanks. This was interesting from the point of view of a non-trader who knows very little about the mechanics of trading but who can appreciate a human story... and a stick it to the big man story, too.
@sprink88
@sprink88 6 ай бұрын
the pen... it is wobbling...
@JohnTaylor-ts8wk
@JohnTaylor-ts8wk 6 ай бұрын
Interesting. Good interview.
@SeeLasSee
@SeeLasSee 5 ай бұрын
Well with online gambling and sports betting, stocks with sentimental attachment made sense. Plus the short positions made the squeeze potential seductive.
@captainleisuresuit
@captainleisuresuit 6 ай бұрын
Hell yeah, dig it
@KentoLeoDragon
@KentoLeoDragon 6 ай бұрын
I thought it said hoverpans, and I was interested.
@samalbrecht356
@samalbrecht356 6 ай бұрын
Robinhood advertisement right after they finished talking about Robinhoods failures was great timing on KZbins part
@ANTREU96
@ANTREU96 6 ай бұрын
The best bromance in finance
@rhythmandacoustics
@rhythmandacoustics 6 ай бұрын
I used to watch Wallstreetbets and I can say that out of the 5 million members about 100 regular members are the only ones who are actually good. 100/5000000
@diogonunes1608
@diogonunes1608 6 ай бұрын
13:26 Wait a second... That's not the cat either!
@lv4077
@lv4077 6 ай бұрын
“Meme stocks”have been around as long as humans have existed.It’s simply humans scrambling not to be left behind.
@Zuranthus
@Zuranthus 6 ай бұрын
no, GS was a true meme stock, it wasn't idiots gambling, swindling or playing the market, it was net users trying to bankrupt shorters for a laugh
@lv4077
@lv4077 6 ай бұрын
@@Zuranthus Appears to have worked
@davidpearn5925
@davidpearn5925 6 ай бұрын
Is Tesla a GameStop spinoff ?.
@zigabarbaric3464
@zigabarbaric3464 6 ай бұрын
in David vs Goliath the point is that David - the small guy - wins :)
@LuisRomeroLopez
@LuisRomeroLopez 6 ай бұрын
13.25 "Not the right cat... " 😆
@JayKay9112000
@JayKay9112000 6 ай бұрын
GME fell from that peak in January 2021, but shot up again to $250ish later that Spring.
@gyromecarter7962
@gyromecarter7962 5 ай бұрын
Am I crazy for thinking the guest looks like Tai Lopez?
@XZ-qz9hu
@XZ-qz9hu 6 ай бұрын
Liveperson 😊
@TomKarabel24
@TomKarabel24 6 ай бұрын
Just in time for DFV's return.
@Morristown337
@Morristown337 6 ай бұрын
We live in an age where the right person can tweet and or post the right picture and stock go boom (for a short while).Kind of like those starta coins lol
@ATMOSK1234
@ATMOSK1234 6 ай бұрын
We are in a historic bull market. I'll be surprised if these young traders stick with it during a bear market.
@matthewgoebel8785
@matthewgoebel8785 6 ай бұрын
interesting discussion on meme stocks
@stressedpotato7792
@stressedpotato7792 6 ай бұрын
Hope you enjoyed the starship launch patrick! Hope you didn't shed too many tears ;)
@jeez5735
@jeez5735 6 ай бұрын
Saw his stream today and hes back. Roaring Kitty was definitely leas bullish back in 2020-1 but i think its fair for people to change over time.
@MC-vd8cw
@MC-vd8cw 6 ай бұрын
Roaring Kitty just posted on reddit as I'm watching this lol crazy. It might be time for Round 2??
@dmdrummer23
@dmdrummer23 6 ай бұрын
I'm more of a long term investor in Gamestop, and I'm curious if you think their fundamentals are still pointing to bankrupcy. There are a lot of memes and conspiracy theories about Gamestop, but there are also investors that are excited about the turnaround of Gamestop. (For context:) I don't buy any other 'meme' stocks, and I don't plan to sell everything during a squeeze.
@fenrirgg
@fenrirgg 6 ай бұрын
Well you should sell during any squeeze. GameStop hasn't had profits for many years.
@TeamSprocket
@TeamSprocket 6 ай бұрын
They're bleeding and the plans to stop bleeding have not been effective, I don't think it's impossible to stop the bankruptcy but Gamestop's current business model is terribly positioned with today's consumers and nothing they've tried seems to be what they need to stop the bankruptcy. We'll see, but I'm not positive they'll be around in a decade.
@noneyabeeswax3200
@noneyabeeswax3200 6 ай бұрын
long term investor is code for bagholder😊
@scs44444
@scs44444 6 ай бұрын
maybe if they can come up with a few more ways to spend millions to sell $100 of NFTs every day they can overcome the fact that their business is completely pointless in this day and age
@yuiopqwerty2542
@yuiopqwerty2542 6 ай бұрын
I'm not sure about this one. A lot of the talk is about the community, which realistically now is full of conspiracy theorists that are hoping for thousand percent returns. But keep up the journalism please Patrick
@yuiopqwerty2542
@yuiopqwerty2542 6 ай бұрын
I redact my previous statement
@Chrispy90
@Chrispy90 6 ай бұрын
@@yuiopqwerty2542 Haha I had the exact same reaction, took a while to get to the conspiracy part which as you say is a huge part of the community
@matteofabbri6633
@matteofabbri6633 6 ай бұрын
I seriously thought that the initial sponsor was a mockery of some toilet paper holder startup
@crazyyy9713
@crazyyy9713 6 ай бұрын
I want to be a Live Person one day
Why We Trust Fraudsters!
22:26
Patrick Boyle
Рет қаралды 879 М.
Shell's Fake Carbon Credit Scandal Explained!
29:33
Patrick Boyle
Рет қаралды 391 М.
How Many Balloons To Make A Store Fly?
00:22
MrBeast
Рет қаралды 174 МЛН
快乐总是短暂的!😂 #搞笑夫妻 #爱美食爱生活 #搞笑达人
00:14
朱大帅and依美姐
Рет қаралды 14 МЛН
Twin Telepathy Challenge!
00:23
Stokes Twins
Рет қаралды 139 МЛН
Risk & Return - The Jesse Livermore Story
53:39
Patrick Boyle
Рет қаралды 610 М.
Tech Bros Inventing Things That Already Exist
25:45
Patrick Boyle
Рет қаралды 1 МЛН
Samsung is in Crisis
17:28
ColdFusion
Рет қаралды 2,8 МЛН
China's International Debt Crisis
21:04
Patrick Boyle
Рет қаралды 761 М.
Top Seven Biggest Business Mistakes!
21:30
Patrick Boyle
Рет қаралды 394 М.
How High Are Private Equity Returns?
30:01
Patrick Boyle
Рет қаралды 370 М.
The Trillion Dollar Equation
31:22
Veritasium
Рет қаралды 10 МЛН
Was Endless Shrimp to Blame for Red Lobster's Bankruptcy?
19:04
Patrick Boyle
Рет қаралды 345 М.
What do investment bankers actually do?
9:12
Good Work
Рет қаралды 2 МЛН