Thanks to Internet Historian and WavyWebSurf for contributing their voices! Also just so ya know, I won't be doing topical videos on the regular. Just wanted to do something a little different this month. Next video we're getting very ordinary on the topic of Exams. pencils ready fellas 🚀 🚀 🚀
@@mrboerger1620 I didn't used to believe post modernism was a thing, but these absurd times convinced me, reality just beat the crap out of literature.
@@OrdinaryThings Watching this over a year on... I'm still holding. I'm not fucking leaving. No cell, no sell. And it would be great if you did a part 2 because shits still fucky.
@Killer Miser It's funny cause he'll be fine, my dad knew some people who are now hedge fund managers from college, and these people have rainy day funds like no other. Trust me, they're fine.
@@reterbid6215 You really should ask your dad what they have to do with those rainy day funs when they get signed up to a manage a hedge fund lol Collateral is a fun word.
The GME episode taught me a very valuable lesson, and it all falls on one line I read. Gamestop investors were called BOTH alt-right racists and communists by a number of mainstream media outlets. This line was so emblematic of the last ten years that I had something of a moment of clarity.
@@BarioIDL Still, what does either group have anything to do with stocks and investment? Even the articles I read never gave a reason as to why those labels were thrown out.
@@pungoblin9377 What? Read his name. He is the internet Historian. HISTORIAN! He is not the internet current events guy. Geez! Why do ppl keep asking if he is going to cover this? Give it at least 4 months.
I think I have a perfect idea for an Ordinary Things video: Straws. How did they get invented? How did they rise in popularity and mass production? When did the tide turn against plastic straws to paper and metal straws? It’s an everyday item that if you go out in public you wont go the entire day without seeing one; and I’d love to see you make a video on the topic if you’d like. Thanks again for another wonderful video.
They actually were made of paper before they went to plastic but there has been a push to do away with plastic hence the return to paper or expirimentation with metal. My parents are actually old enough to remember paper straws and they think it's funny how people view them as some radical new thing. Granted they're also old enough to remember a time before sunscreen was invented. My parents are really old...
Dude, I love your smart, witty and ridiculous humor, and your factual and skeptic viewpoint of the world. You cover topics that I have never thought to question, giving me a weird feeling of freedom by questioning this world that I've grown so used to, you shatter that with your outside the box topics, one my new favorite youtubers.
You can learn it quickly apparently -- one of my gaming friends claimed he learned all about stocks in about a day from free RUclips videos and sites, and since October he's been sitting at home, playing video games and trading increasingly larger values. He calls it "hard work" but he's actually living on his mom's salary, in his mom's house, and often complains about how mind-numbingly boring it is to watch lines go up and down. After one month of doing this he made like five bucks, and was absolutely /ecstatic/ over it. He thinks that getting a job or an education is a waste of time, but is also depressed from lack of socializing and doing anything productive. He'll be over the roof with happiness if he makes a profit of 200 after a month of watching "the market" -- I don't have the heart to tell him that I had made 2k a month as a programmer while studying CS as an undergrad. Personally I don't truck with investments. The people who make money off of them are near-sighted and have survivor's bias; most people lose money, and everybody who isn't a capitalist will lose money in the long-term. It's better to just work and earn a salary, and to throw a bathtub through the window of your representative's house if you can't find a job because capitalism is shit.
There is nothing quite like being a business man sipping brandy while look at your vast business empire. Except for being the group of nobodies who kicked the empire in the groin to watch the empire collapse like a house of cards. What is more interesting is that both are applications of the American Dream.
@I want to suplex Joe Cecot it's really not that different tbh: me: Chicken good, I buy $1 Next cave man: chicken good, I buy from you $2 Autistic Caveman: I buy chicken $5! (Chicken dies) I sell chicken $5...$4...$3...$2...$1??? Me: I buy chicken $1 (cooks chicken). I sell chicken $2. The money exchanges hands, but the perceived value changes
The irony is that GME is now back at $260 per share and has been rising steadily for the past 3 weeks. Looks like their squeezing all remaining short positions.
What the hedge funds forgot to account for is how easily I would forget about my stonks once they dipped below what I paid. Can't lose money if I don't sell.
@@AlterXephon off of what? Did there sales figures go up to give them more revenue? There stock has nothing to do with revenue. Revenue is tied to sales. The more you sell the more they make in revenue. The make far more off of used games and used consoles then they do new games and consoles.
Yeah, gamestop is gonna crash once everyones selling their stocks for profit. It will be like a rolling stone - slow at first but picks up more and more momentum until it crushes.
Don't you "poor gamestop" me, their business practices have been disgusting always. Ask anyone that's worked there. Employees get treated like dogshit and predatory to customers, even kids. You'd find it easier to name people that aren't getting fucked by having association to GameStop.
Watching this take place was absolute gold. My wife even got in on it and made a pretty fair chunk of change. The more the “experts” shit on it, and maid claims like “some nerds in a Reddit forum can’t bring down the house” the more it drove the meme onwards. They greatly underestimated “doing it for the meme” when big cash returns were involved. The movie sequel shoulda been called “Wall Street 2, Gamestonk Boogaloo”
And yet the meme ended up ultimately doing nothing but leaving a ton of random redditors as bag holders and let hedge funds continue to profit off them.
Senior finance undergrad here. You know about as much as I do when it comes to this stuff. Everything is gambling and anybody who tells you that they know what's going on is a charlatan. It's pretty neat
The genuine exhaustion of watching the price go from twenty dollars to four hundred in a month was very real. Also still literally may be going. Price action has been fucking weird. Went up 20% then down 20% today.
He’s actually several hundred years old, immortal, invincible unless beheaded. One of many who wage a secret war, fighting each other until the last few remaining will meet at the Gathering to fight for the Prize and...oh wait no, that’s the plot of Highlander. I get confused sometimes
Dude, you're the fucking best and I am so happy this channel is finally starting to get the recognition it deserves. You have been criminally undersubbed for far too long. Keep at it lad!! 🚀
Nothing like making a bunch of people with very little disposable income lose money on a delusional fantasy while most hedge funds make off with big profits.
The moment I found your channel I watched all of your videos in order, and I have to say your last two videos are especially well put together. Glad to see you coming up, mate
"reddit". You mean all the hedge funds that profited in this fiasco while the inbreds who jumped at wsb's reddit thinking they had any relevance in all this besides looking like complete morons to anyone who understand the bare minimun of economics and trading?
I was just reading about all of this stuff to talk about in my technology club meeting today so this video had amazing timing! It was really informative and helped a lot, so thank you!
A place to stay, enough to eat Somewhere, old heroes shuffle safely down the street Where you can speak out loud about your doubts and fears And what's more, no one ever disappears You never hear their standard issue kicking in your door You can relax on both sides of the tracks And maniacs don't blow holes in bandsmen by remote control And everyone has recourse to the law And no one kills the children anymore No one kills the children anymore Night after night, going 'round and 'round my brain His dream is driving me insane In the corner of some foreign field The gunner sleeps tonight What's done is done We cannot just write off his final scene Take heed of the dream Take heed 💎🙌🚀
What actually happened in the end is that the market settled in a very usual place, the hedge funds re-cooped, and the savvy investors pocketed all of the meme investors' money. The little fish swam toward the light and got chomped by an angler fish. Oldest story in capitalism.
True. Emile Zola described the exact same situation in his 19th century novel "Money", but unfortunately due to generational amnesia, people think that this is some kind of never-before-seen, revolutionary phenomenon that wrests money from the capitalists and gives it to the people. We don't even get paid according to our labor value, but people really out here believing that they can game Wallstreet just because they spend time on Reddit. Oof.
I had joined the wsb discord when it was up the day it shot from 50 to over 100. There were thousands of people in the voice chat, it was laggy and crowded. There would be moments where people can speak clearly though. A reporter introduced himself and asked if anyone wants to answer questions and a bunch of people told him to f off.
@Supercar Sketcher 1. Why does it matter where he’s from? 2. There’s no way to “sound gay”, he just has a fucking accent 3. I agree that GameStop stock videos have been done to death, but it’s still a somewhat relevant topic and simple summarization videos aren’t always bad depending on the presenter themself
Im not trying to debate or anything, but it didnt really had any effect on the stock market. Cases like this will happen again and even small firms wont suffer from it. Its very impressing but kind of overhype.
Nobody destroyed the stock market. The stock market is fine. Its sad that many people lost money to what was basically a cult that convinced them they were destroying the stock market or hedge funds or whatever.
@@krombopulos_michael that’s oversimplifying it. People got into it because they realised something was actually there and they realised the big boys were trying to force a company out of business so they could profit from it. So people bought the stock, then the institutions and the establishment lost their mind that every day people would dare do such a thing and tried their best to save themselves by blocking the little guys. And then it became a stick it to the man mentality because it became very clear very quickly that it’s not a free-market. It’s rugged individualism for everyone else and it’s corporate welfare and cartel behaviour for the big boys who never need to suffer regardless of the risks they take
@@krombopulos_michael The shorts did a risky thing and an epically questionable thing and they don’t believe their risks should ever have bad consequences. None of this would ever have happened if they weren’t caught with their pants down
@@krombopulos_michael The stock market is fine due to blatant and illegal manipulation by the billionaires. Momentum for the GME stock completely halted the moment several brokerages (most notable being Robinhood) suddenly decided to halt all buying of the "volatile" stocks. Of course nothing will ever happen to the billionaires because that's how capitalism works.
It took the SEC less then a week to declare that normal people squeezing the hedge funds were in the wrong but to this day no charges have been filed in the market crash of 2008 where WallStreet investors outright lied on the AAA rating of subprime backed funds.
We all know the real spiking graph this winter was OrdinaryThings' sub count. I got in when there were only 30k subs and now there's nearly 400k, what a success
Guy speaking about Russian Disruptors: Russian Communists: such a funny future GULAG prisoner-he gonna make a perfomance show in barracks for other Bourgeoisie sitting near to him.
@@specialforces3114 There are some "liberals", but what they want is actually socialism. When you point that-they are getting very confused. You can find people older than 20 years reading those red books. Most of the people are more populistic and left movement in russia is quite weak, but at least , they are noticable to people in power. Putin and co fighting against communists, but sometimes they are playing on their side or pretend to be "good old ussr". But really they can only turboshit in their pants like it was with aircraft carrier. Moreover, if communists gonna take the power: best what putin and oligarchs can count is just a bed downstairs in barracks of gulag, if they wouldn't be shot for crimes against people and humanity(less probable, new left movement is a lot more peaceful and that could be a problem).
And all it cost was increased regulation, rampant speculation which increases volatility, and supporting a company that nobody likes. Also, the above sentence will annoy English majors
You didn't break shit, all the hedge funds that jumped aboard did. If anything you all helped other hedge funds to get richer, but go try to explain that to economic illiterates.
Hey, I am a bit late with the comment but this video and the election one are my favorites! For some reason your jokes never get old. Whenever I am bored I can rewatch these two videos with almost the same intrest as my first watch! This channel is probably my best find in a good while! Thanks!
![ARGENTINA vs. BOLIVIA [6-0] | RESUMEN | ELIMINATORIAS SUDAMERICANAS | FECHA 10](http://i.ytimg.com/vi/C3wPtKNbAOA/mqdefault.jpg)
Thanks to Internet Historian and WavyWebSurf for contributing their voices!
Also just so ya know, I won't be doing topical videos on the regular. Just wanted to do something a little different this month. Next video we're getting very ordinary on the topic of Exams. pencils ready fellas 🚀 🚀 🚀
Do an episode of school
@@VictorManuel-ri4bm on the list
@@OrdinaryThings Do an episode on another ordinary thing
@@OrdinaryThings oh
Do an episode on how my girlfriend fucks
I swear the world has been feeling like a parody of itself for the last 5 years man
Literally like a South Park Episode…
post post-modernism
@@nana-rt6zt post modernism with a side of post post
Crazy what one gorilla can do
@@mrboerger1620 I didn't used to believe post modernism was a thing, but these absurd times convinced me, reality just beat the crap out of literature.
“What’s an exit strategy?”
Absolute chad
Don’t need a life jacket if you go down with the ship 🚢
@@OrdinaryThings i didnt expect this reply, I love your videos!
@@OrdinaryThings Watching this over a year on... I'm still holding. I'm not fucking leaving. No cell, no sell. And it would be great if you did a part 2 because shits still fucky.
Out of all the ways GameStop would become relevant again, this was the last thing I was expecting
Fyurst
Oh hello cartoon man
It is safe to say that small investors saved Gamestop
You and me both.
I would've thought of something much worse, maybe involving forced labour or something.
Vailgayass666 my favorite youtuber I love how lazy your content is so
I remember seeing a hedge fund person cry on television because of this incident and I loved it
@Killer Miser It's funny cause he'll be fine, my dad knew some people who are now hedge fund managers from college, and these people have rainy day funds like no other. Trust me, they're fine.
Bottle the tears
Tasty
@@reterbid6215 stories of people blowing up are very common. Risk management is often underutilized.
@@reterbid6215 ß
@@reterbid6215 You really should ask your dad what they have to do with those rainy day funs when they get signed up to a manage a hedge fund lol Collateral is a fun word.
Together ape strong
APE STRONG TOGETHER
@Supercar Sketcher hurrdurrr not merican
@Supercar Sketcher gamestop is an international company and everyone can buy stock from them
@Supercar Sketcher its a review of what is happening
@Supercar Sketcher Considering that gamestop is an international company w/ stores in Europe, he has every right to make this video.
The GME episode taught me a very valuable lesson, and it all falls on one line I read. Gamestop investors were called BOTH alt-right racists and communists by a number of mainstream media outlets. This line was so emblematic of the last ten years that I had something of a moment of clarity.
their definition of alt right and racist is very broad
@@BarioIDL Still, what does either group have anything to do with stocks and investment? Even the articles I read never gave a reason as to why those labels were thrown out.
@@12ealDealOfficial they don't need a reason to
it's just how journalism works
@@BarioIDL
And their definition of 'communist' isn't? Just sayin'.
I mean, I'm sure some were (the discord being blocked for example). But sitll had nothing to do with the squeze.
Every meme channel covering this but each in their own way which is fun
No the video i made was shit. Proved you wrong
How is this a meme channel
Not Internet Historian, but he’s never really on time.
@@pungoblin9377 What? Read his name. He is the internet Historian. HISTORIAN! He is not the internet current events guy. Geez! Why do ppl keep asking if he is going to cover this? Give it at least 4 months.
@@iamtheangiechrist1090 all I said is he doesn’t cover events as they happen. I already knew that was why. No need to get mad about it.
"Five biceps"
"I knew the risks going in"
"Five diamonds"
Two things were inevitable when this began: a short squeeze, and Ordinary Things making a video
You forgot number 3: The crash after the squeeze
@@Christopher-md7tf The short squeeze hasn’t really happened yet. The short % of float is still very high.
@@illuminutter8757 of course it has.
The Rich: "If you want to be rich, start investing."
Reddit: "okay"
The Rich: "... wait... No! Wait! Stop!"
Ken Griffin: Can't stop, won't stop, PLEASE STOP!!!
It’s funny because the rich stayed rich and ended up profiting off Reddit’s stupidity.
@@ChipCheerioI didn't follow this story to its end. Can you link something that explains what you mean?
I think I have a perfect idea for an Ordinary Things video: Straws. How did they get invented? How did they rise in popularity and mass production? When did the tide turn against plastic straws to paper and metal straws? It’s an everyday item that if you go out in public you wont go the entire day without seeing one; and I’d love to see you make a video on the topic if you’d like. Thanks again for another wonderful video.
Awesome idea, either that or plastic in general has ordinary things written all over it
I... Yeah, actually, that sounds interesting, I'd watch a vid about straws
Agree with straw and or plastic video. Because FUCK bakelite
Hey this is actually a pretty good idea. Nice.
They actually were made of paper before they went to plastic but there has been a push to do away with plastic hence the return to paper or expirimentation with metal. My parents are actually old enough to remember paper straws and they think it's funny how people view them as some radical new thing. Granted they're also old enough to remember a time before sunscreen was invented. My parents are really old...
Was waiting for a new video! :D
papà flâmmy :>
Papa flammy! I’ve seen you in the comment sections of videos like 10 times in the last week how
I did not expect to see you here, Flammy! Lol what a pleasant surprise:DD
Heeeeey ! Fellow mathematician !!!
Deadass 😩😩😩😩😩😩😩😩😩😩😩😩😩😩😩😩😩😩😩😩😩
Dude, I love your smart, witty and ridiculous humor, and your factual and skeptic viewpoint of the world. You cover topics that I have never thought to question, giving me a weird feeling of freedom by questioning this world that I've grown so used to, you shatter that with your outside the box topics, one my new favorite youtubers.
ah thanks dude! that means a lot. That's very much what i want to do
bought in at 23 views ik this ones gonna blow up
got in at 1 baby. let's ride this to venus boiiiii
I always entertained the idea of buying and selling stocks or shares.
Then I realise I have no idea where the hell to start and I quickly run away.
You can learn it quickly apparently -- one of my gaming friends claimed he learned all about stocks in about a day from free RUclips videos and sites, and since October he's been sitting at home, playing video games and trading increasingly larger values. He calls it "hard work" but he's actually living on his mom's salary, in his mom's house, and often complains about how mind-numbingly boring it is to watch lines go up and down. After one month of doing this he made like five bucks, and was absolutely /ecstatic/ over it.
He thinks that getting a job or an education is a waste of time, but is also depressed from lack of socializing and doing anything productive. He'll be over the roof with happiness if he makes a profit of 200 after a month of watching "the market" -- I don't have the heart to tell him that I had made 2k a month as a programmer while studying CS as an undergrad.
Personally I don't truck with investments. The people who make money off of them are near-sighted and have survivor's bias; most people lose money, and everybody who isn't a capitalist will lose money in the long-term. It's better to just work and earn a salary, and to throw a bathtub through the window of your representative's house if you can't find a job because capitalism is shit.
@@hermionestranger4964 Eww wage slaves! I'll just sell drugs instead
@@hermionestranger4964 trading is stupid, just get an index fund with reinvestments on then chill in bali
@@metaparalysis3441 but how can you chill in bali if your money is in the funds? you need to be already rich in order to do it as you say
@@hazardeur I do not mean it literally
This man looks like he's wearing a wig on top of a different coloured wig and I love it
It’s like his beard is conquering his entire head... the blond hair is fighting a losing battle
It's really handsome on him no homo tho.
There is nothing quite like being a business man sipping brandy while look at your vast business empire.
Except for being the group of nobodies who kicked the empire in the groin to watch the empire collapse like a house of cards.
What is more interesting is that both are applications of the American Dream.
Only one is real, and the other is an illusion.
Why did you capitalise ‘American dream’? Shit ain’t real
@@awadafuk4863 That's why it's called a dream.
Ah the duality of man,
And the inconsistency of an American
Stock experts: Words, words words, important words
Me: he he he funny memes make line go up
Did you get Wavywebsurf to record that for you, or are you doing deepfakes now as well? Love your videos!
Ayyyyy didnt expect to see you here lol
Sure did! And thanks dude! Wavy is da man
@@nixietubes Didn't expect many viewers of my channel here as well.
@@OrdinaryThings or did you...
OMG when worlds collide! You both make great content guys. Keep them videos coming.
I’ve never enjoyed something this much while simultaneously having fuck all idea how it really works
@I want to suplex Joe Cecot it's really not that different tbh: me: Chicken good, I buy $1
Next cave man: chicken good, I buy from you $2
Autistic Caveman: I buy chicken $5!
(Chicken dies)
I sell chicken $5...$4...$3...$2...$1???
Me: I buy chicken $1 (cooks chicken). I sell chicken $2.
The money exchanges hands, but the perceived value changes
the money go make two moneys so you sell money for two moneys
@@reapthewhirlwind6915 praise allah!1
*Confused unga bunga*
They don't either so yeah
The irony is that GME is now back at $260 per share and has been rising steadily for the past 3 weeks. Looks like their squeezing all remaining short positions.
It's steadily bouncing around 200 now. Looking at when the video was released, it was around 50. He's probably feeling a lot better now
@@Pikana in the vid he says he bought gme at 153
99 Dollars today.
$110 Today
$21 now, rip GME
Rich investors be like : "Oh no people investing after i told them to do so, my only weakness!"
This channel is stupidly consistent with making entertaining and informative content. Amazing.
What the hedge funds forgot to account for is how easily I would forget about my stonks once they dipped below what I paid. Can't lose money if I don't sell.
And if you keep them long enough, you may be entitled to part of the company assets if it goes into liquidation
@@FarfettilLejl nope that's not how it works.
You already lost it lol
@@Liusila Yes, that's the joke.
"I don't understand how the U.S economy works, much less a self sustaining one, I don't understand how finances work."
-Dennis Reynolds
Poor gamestop being in the middle here like a kid whos parents are fighting over
except the millions upon millions of dollars they made lol
@@AlterXephon basically all the candy they got with bribing spending more time with mom or dad
@@AlterXephon off of what? Did there sales figures go up to give them more revenue?
There stock has nothing to do with revenue. Revenue is tied to sales. The more you sell the more they make in revenue. The make far more off of used games and used consoles then they do new games and consoles.
Yeah, gamestop is gonna crash once everyones selling their stocks for profit. It will be like a rolling stone - slow at first but picks up more and more momentum until it crushes.
Don't you "poor gamestop" me, their business practices have been disgusting always. Ask anyone that's worked there. Employees get treated like dogshit and predatory to customers, even kids. You'd find it easier to name people that aren't getting fucked by having association to GameStop.
Watching this take place was absolute gold. My wife even got in on it and made a pretty fair chunk of change. The more the “experts” shit on it, and maid claims like “some nerds in a Reddit forum can’t bring down the house” the more it drove the meme onwards. They greatly underestimated “doing it for the meme” when big cash returns were involved.
The movie sequel shoulda been called “Wall Street 2, Gamestonk Boogaloo”
And yet the meme ended up ultimately doing nothing but leaving a ton of random redditors as bag holders and let hedge funds continue to profit off them.
"Invest on EVs"
ME : "Isn't that that thing that affects pokemon stats?"
Buy during regulars.
Sell if there's a shiny.
Pretty sure it's for EleVator funds. When the pointy graph goes up or something.
Use drugs to boost ev. Drugs good
No, that's a normal type gen 1 pokemon, Eevee. Next you're gunna try to be one of those annoying people that shorten Ivysaur's name to Ivy!
0:34 "Mortar, I turned myself into a pickle! I'm Pickle Brick!"
I'm sorry.
Damn each one of this guy's videos is a banger
Thanks dude! I appreciate that
@@OrdinaryThings can you make a video on factory’s? Or maybe that would be boring
@@brownbreadinc127 Dude he made a video on windows, this guy can make anything interesting XD
@@brownbreadinc127 he don't do boring, no matter the topic
@@OrdinaryThings heavy banger babyyy
Damn, captain Bonnet is spitting straight facts
Senior finance undergrad here. You know about as much as I do when it comes to this stuff.
Everything is gambling and anybody who tells you that they know what's going on is a charlatan.
It's pretty neat
The genuine exhaustion of watching the price go from twenty dollars to four hundred in a month was very real. Also still literally may be going. Price action has been fucking weird. Went up 20% then down 20% today.
"anyone with a few brain cells that had visited wall street bets over the past few months"
this statement is an oxymoron
They lost them after spending 60 seconds there.
degenerates
As a proud bag holder with a 110 buy average, this was extremely accurate.
You take the risk for all of us, I have huge respect for your fight 💎🙌
Rip
Bagholders unite!
I too have the ability to hold a bag
So, do you know how old Internet Historian is? He has the Voice if an 80-Year old but the Humor of a 20-something.
He’s actually several hundred years old, immortal, invincible unless beheaded. One of many who wage a secret war, fighting each other until the last few remaining will meet at the Gathering to fight for the Prize and...oh wait no, that’s the plot of Highlander. I get confused sometimes
@@OrdinaryThings It was oddly believable, though.
My guess he’s early to mid 30s. Just from the way he speaks. His actual voice is irrelevant
I'd say he's 69.
@@OsKuukkeli nice
Gamestonk was the least upset I’ve ever been to lose $400
"Welcome to r/wallstreetbets, where ordinary businesses become slot machines and stock market titans"
I hope to God they have not got there hands on my pension money unless it deep fucking value (or who ever made millions)
Dude, you're the fucking best and I am so happy this channel is finally starting to get the recognition it deserves. You have been criminally undersubbed for far too long. Keep at it lad!! 🚀
I bought 1 share of AMC. I will sit on it until I die. Never intend to sell.
Virgin day-trader vs. Chad hoarder of shares
Well that was a good call
@@BigChow420 indeed
Frame it 😂
This channel deserves all the love it’s been getting and so much more!! One of my favorite things to watch on RUclips!!
In my hometown as a kid there was a grocery chain called BiLo.
5:03 Everyone sat at home probably sans trousers.. Looks down... Damn he's good! 👀
"Don't worry, I am already on the coke"
"It literally cannot go tits up" thought the hedge funds while shortening stocks.
Nothing like making hedge funds lose money
I am sipping Gin n Juice mixed with Billionaire Tears and Malcolm X.
Except most of their distress is coming from other hedge funds who won out big time, but y'know...
Nothing like making a bunch of people with very little disposable income lose money on a delusional fantasy while most hedge funds make off with big profits.
@@krombopulos_michael The revolution is slow. It about sending a message. The system is going to break. We just need to help it along.
Fuck yeah!
The moment I found your channel I watched all of your videos in order, and I have to say your last two videos are especially well put together. Glad to see you coming up, mate
Remember "the squeeze has not squoze" 😂 (still holding 10 at 167 average)
💎🙌
I'm at 5 at 157, to the moon 🚀🚀🚀
Got in 100@$20, 💎🙌🏼 bitches
Boys ... We're back at it again. 20% gain today!!!
diamond hands bois
4-eva
dumb bagholder
I love that sea shanty about GME. So tucking good.
Melvin Capital: *exist*
Reddit: hippity hoppity your capital is now my property
Watch Samtime video on it. Its easy to understand and super hilarious.
"reddit". You mean all the hedge funds that profited in this fiasco while the inbreds who jumped at wsb's reddit thinking they had any relevance in all this besides looking like complete morons to anyone who understand the bare minimun of economics and trading?
You said the thing!
Very informative with non stop jokes. Love this channel.
I was just reading about all of this stuff to talk about in my technology club meeting today so this video had amazing timing! It was really informative and helped a lot, so thank you!
A place to stay, enough to eat
Somewhere, old heroes shuffle safely down the street
Where you can speak out loud about your doubts and fears
And what's more, no one ever disappears
You never hear their standard issue kicking in your door
You can relax on both sides of the tracks
And maniacs don't blow holes in bandsmen by remote control
And everyone has recourse to the law
And no one kills the children anymore
No one kills the children anymore
Night after night, going 'round and 'round my brain
His dream is driving me insane
In the corner of some foreign field
The gunner sleeps tonight
What's done is done
We cannot just write off his final scene
Take heed of the dream
Take heed
💎🙌🚀
What actually happened in the end is that the market settled in a very usual place, the hedge funds re-cooped, and the savvy investors pocketed all of the meme investors' money. The little fish swam toward the light and got chomped by an angler fish. Oldest story in capitalism.
True. Emile Zola described the exact same situation in his 19th century novel "Money", but unfortunately due to generational amnesia, people think that this is some kind of never-before-seen, revolutionary phenomenon that wrests money from the capitalists and gives it to the people.
We don't even get paid according to our labor value, but people really out here believing that they can game Wallstreet just because they spend time on Reddit. Oof.
The elite always wins when the game is rigged.
It's not over yet
Not like people where saying that same exact thing will happen in the beginning and that it is a bubble, so I really don't feel bad at all
@@misham6547 "It's all in the game" - capitalists.
I had joined the wsb discord when it was up the day it shot from 50 to over 100. There were thousands of people in the voice chat, it was laggy and crowded. There would be moments where people can speak clearly though. A reporter introduced himself and asked if anyone wants to answer questions and a bunch of people told him to f off.
Lmao
I'm bag holding HARD on GME rn I won't lie. Shit was funny as hell to watch though
History Book Chapters in the Future: *_"The 2008 American Financial Fuckidy-do-da"_*
To the moon!
to Pluto babi
🚀🚀🚀
Been 💎🙌 since $330 per 😭
@Supercar Sketcher
1. Why does it matter where he’s from?
2. There’s no way to “sound gay”, he just has a fucking accent
3. I agree that GameStop stock videos have been done to death, but it’s still a somewhat relevant topic and simple summarization videos aren’t always bad depending on the presenter themself
@@OrdinaryThingshow about the history of the internet
Nice little wolf of Wall Street reference with the I’m not leaving thing!!
it's honestly hilarious how a bunch of redditors destroyed the stock market and rubbed it in the billionaires faces 💀
Im not trying to debate or anything, but it didnt really had any effect on the stock market. Cases like this will happen again and even small firms wont suffer from it. Its very impressing but kind of overhype.
Nobody destroyed the stock market. The stock market is fine. Its sad that many people lost money to what was basically a cult that convinced them they were destroying the stock market or hedge funds or whatever.
@@krombopulos_michael that’s oversimplifying it. People got into it because they realised something was actually there and they realised the big boys were trying to force a company out of business so they could profit from it. So people bought the stock, then the institutions and the establishment lost their mind that every day people would dare do such a thing and tried their best to save themselves by blocking the little guys. And then it became a stick it to the man mentality because it became very clear very quickly that it’s not a free-market. It’s rugged individualism for everyone else and it’s corporate welfare and cartel behaviour for the big boys who never need to suffer regardless of the risks they take
@@krombopulos_michael The shorts did a risky thing and an epically questionable thing and they don’t believe their risks should ever have bad consequences. None of this would ever have happened if they weren’t caught with their pants down
@@krombopulos_michael The stock market is fine due to blatant and illegal manipulation by the billionaires. Momentum for the GME stock completely halted the moment several brokerages (most notable being Robinhood) suddenly decided to halt all buying of the "volatile" stocks. Of course nothing will ever happen to the billionaires because that's how capitalism works.
That Im not leaving part was out of nowhere, genius and had me on the floor LOL ...
Im sitting strong on a $225 GME. Im holdin that shit this quarter comes out.
I don't know why you popped up in my feed a couple weeks ago, but man am I grateful you did.
I really needed a good laugh right now, thanks :D
It's the RUclips algorithm man,,, it knows us,,,,,
Those Discord tones realllllly fucked with me.
Just set up a second monitor and had a bunch of apps open too.
lol. next time Imma try to talk to people's alexas
This is probably my favorite video of yours. I am pretty sure I have watched it on 6 different occasions.
“We like the stock” - famous last words
Went in at 350 with my entire savings... still holding
I love watching your videos while I’m high asf cus your videos are Therapeutic and beautifully edited thank you for listening to my Ted talk
I love this channel so much it’s one of the only things that can make me laugh and educate me at the same time
I knew the hedge funds where bleeding money when they where screeching that the Government should put up some regulation in place.
It took the SEC less then a week to declare that normal people squeezing the hedge funds were in the wrong but to this day no charges have been filed in the market crash of 2008 where WallStreet investors outright lied on the AAA rating of subprime backed funds.
I'm getting a lot of cryptocurrency ads on these gamestop stock videos. Can't imagine why
Why people think “meme-stocks” are illegal? It doesn’t matter why you want a stock, if you want it you want it.
americans: *ahah, diamond hands*
media: *R U S S I A*
No, just Kimmel
More likely China.
It’s weird that the media was saying that it was russia, i always thought it was the inevitable march of time.
We all know the real spiking graph this winter was OrdinaryThings' sub count. I got in when there were only 30k subs and now there's nearly 400k, what a success
Guy speaking about Russian Disruptors:
Russian Communists: such a funny future GULAG prisoner-he gonna make a perfomance show in barracks for other Bourgeoisie sitting near to him.
There are Russian communists? Surely they're all less than 20 years old?
@@specialforces3114 There are some "liberals", but what they want is actually socialism. When you point that-they are getting very confused.
You can find people older than 20 years reading those red books. Most of the people are more populistic and left movement in russia is quite weak, but at least , they are noticable to people in power. Putin and co fighting against communists, but sometimes they are playing on their side or pretend to be "good old ussr". But really they can only turboshit in their pants like it was with aircraft carrier. Moreover, if communists gonna take the power: best what putin and oligarchs can count is just a bed downstairs in barracks of gulag, if they wouldn't be shot for crimes against people and humanity(less probable, new left movement is a lot more peaceful and that could be a problem).
3:47 I think we just heard that man's soul leave his body.
I fuckin' love this dude. One of the best channels on YT.
legend
"The 2008 Financial Fucky Doodha" LMFAO That is the only way I am going to refer to that from now on
We did it reddit, we broke the stock market
And all it cost was increased regulation, rampant speculation which increases volatility, and supporting a company that nobody likes.
Also, the above sentence will annoy English majors
You didn't break shit, all the hedge funds that jumped aboard did. If anything you all helped other hedge funds to get richer, but go try to explain that to economic illiterates.
I love your channel man! Can’t wait to see more amazing content this year!
10:40 “Yoloing their retirement portfolios... retiring on Mar...” 😂😂😂😂 funniest shit I’ve seen in a long time.
The reflection on the keyboard in 3:19 is on another level of atention to the detail
You and internet historian will be in school history lessons a few decades from now
Hey, I am a bit late with the comment but this video and the election one are my favorites! For some reason your jokes never get old. Whenever I am bored I can rewatch these two videos with almost the same intrest as my first watch! This channel is probably my best find in a good while! Thanks!
That ending was ICONIC
Me screaming in Jenna Marbles voice “Hell Yeah!”
Ordinary Things is gradually moving from the ordinary to whatever it is we're living through right now.
I rate this: 5 Diamonds
Thank you for sharing!Hope everybody here becomes successful on RUclips 😊🥰
Mate, any chance you’ll do one on microwave meals? I feel like that’s right up the alley with the fantastic histories you give.
This channel genuinely makes me laugh out loud. It is so well written and produced. 😁
The best thing about this whole thing is that my dad asked me what Reddit memes exactly are. Best day ever.
Oh yeah, I’d already almost forgotten about that
Keep up the good work and I love your videos don’t stop
i ain't going nowhere
This was certainly far from normal, yet a fantastic video.
Can your next episode be about the history of swag I think it's underrepresented in the media
Your videos are my favourite things to have on in the background while i play with my phone.