Ben Shapiro Breaks Down the Funniest Wall Street Prank Ever
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- Опубликовано: 2 июн 2024
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"Sir, the peasants have learned how to play our game!"
"QUICK!! CHANGE THE RULES!"
/drops monocle "gasp"
Sounds just like a sentence out of Democrats mouths
@@relierma *Democraps. There I fixed it for you
@@oldmanjinkinsskyrim737 *Demonrats
Those with money make the rules. A very wise man once said, “Screw the rules! I have money.”
It's not a prank. Hold the line people. Hold the line.
Long live the GameStop Rebellion!
Agree
I keep seeing this phrase, can you fill me in?
@@zbroxham9740 its a Toto song and people are really into it
@@kylebenson889 love isn't always on time
"It's not about the money. It's about sending a message."
"Madness, as you know, is like gravity, all it takes is a little push."
“All you care about is money..”
It was never about the money.
"See, I'm not a monster. I'm just ahead of the curve."
“You Have Nothing, Nothing To Threaten Me With! Nothing To Do With All Your Strength!”
The 99% learned how to play the game and the 1% are trying to change the rules🤣🤣🤣
You guys lose.
How dare poor people learn how to make money
I’m absolutely loving this. No matter your political ideology everyone’s come together to fuck over Wall Street guys. This is absolutely golden
Fuck yes
Exactly bro. Hopefully after this America sees the real fight is between the upper class vs the middle/working lower class not left vs right
@@TheJoselupe11 don’t forget the fed!
It's a noble cause.
Yeah, nobody likes the Wall Street guys
Either it’s illegal or it isn’t.
Either everyone operates under the same rules or it’s a double standard.
And the corporations, apps, and establishments have clearly shown which it is.
Amen
The common peasants in quarantine are figuring out how to game THE MAN.
Almost like a bored prisoner who plots his escape all day.....
Its a club and we ain't in it.
Sheep are not supposed to attack the wolf.
whr'sCarole'shsbnd?
and Awomen
@@atVVV1 Jesus fuck I love this sentence
Just a proof that the power IS and ALWAYS will be in the hands of THE PEOPLE as long as THE PEOPLE are united
Not really, big hedge funds are in a way getting away with this by paying off companies like Robinhood to stop the selling of stocks that could hurt them
and that's exactly why the left wants to keep everyone divided
First thing I read was: "Just proof that the power I. S." ISIS? ICE ICE? NIIIGGGAA? An overpowered ISIS super saiyin? The dangelangeless derpi daesh? Dem freakin fekkin terries?
Hold up wait: does ISIS brings POWER TO THE POEPLE? In the UNITATED STATES?
Aaaaah, they dropping it like the gamestock assets. Hey Bruce. (Don't taks this serieus, puleaze)
That's what happens when you missread capslock.
@@KaiLucasZachary yeah, not republicans who have historically always been on the side of Wall Street and campaign on culture war stuff
Sounds like Robinhood needs to change their company name.
Epsteined Capital
They should change it to prince John.
Robbin' You
Oh I get it😂
Robbinghood
GameStop: About to go bankrupt
Reddit: I’m gonna do what’s called a pro gamer move
🤣
GameStonks
GameStop just got rezzed out of the gulag
Genius
Gamestock
Robin Hood - "Let the people trade."
Also Robinhood - "NO NOT LIKE THAT!"
Robinhood derives a large amount of value from its relationship with Citadel Securities. In return for access to order data, Robinhood has sold about $69 million of information in 2018 to give firms like Citadel Securities more information than is available to retail investors - specifically, first access to trade patterns a few milliseconds before they get filled. This was said to be about more than 40% of Robinhood’s total revenue in 2018 by three anonymous sources in Bloomberg, something that looks to have invited a SEC probe.
This allows for automated trades to have an edge with faster data than the rest of the market. The old adage holds true here - if you’re not paying for the product (after all, Robinhood built its userbase on the premise of commission-free trades) then you probably are the product.
Perhaps a short sale campaign on Robinhood would teach them something about freedom.
"If something is free, you are the product"
This video shows how Robinhood makes money and who their true customers are.
@@matthewerwin4677
CHOICE!! Also, they need to change their name to Robbing Hood!! Seems appropriate to me!!
Its called sheriff of nottingham now.
I like how Ben has just accepted that he's a walking meme now. I love him.
How?
@@NameCallingIsWeak yes.
isn't he a trumper maga nazi republiQan anti-vaxxer insurrectionist?
in 10 years, they'll also be a funny college class about this whole fiasco.
They'll be talking about this next semester. The textbooks are already being amended.
Millenial Professor be like: "I was there when it was written", "Hold it!"
There will be movies.
Lol you are delusional. Are we talking about occupy wall street or bank bailout of 2008. Nothing is taught. This is just a small battle won by few thousand people. Wall street just got a scratch. They would go ask govt to regulate trading. So soon expect big govt actions. Haaha american freedom.
@@mrxcer2461 uhhh you just proved his statement. If they indeed regulate the market because of this prank then it'll go down in the history of wall street.
Not to mention the story of the little man rising up against wall street and screwing them out of billions isn't some small feat
They're already making a movie about this btw.
www.ign.com/articles/the-gamestopreddit-stock-saga-is-already-being-made-into-a-movie
“I feel bad for the hedge fund guys” - No One
F Bruce
Hahahah they have money to survive this. What about the herd of people wanting to get in the game?
@@huhwah5387 They might not actually.
@@thedillestpickle You never know. That's the risk. I looked on Google and I haven't seen a peep about what I said. It's just hedge fund guys bad, YAY REDDIT! Keep in mind I know nothing about stock trading, so my hypothesis could be shit.
@@huhwah5387 Melvin capital the hedge manager responsibe for most of it, at current prices he won't survive it.
You know shit’s serious when Ben has to bring out a whiteboard.
You've copied this comment pretty much word for word
@@macman975 who not?
Nailed it
@@freddy6837 here here! I'm tired of people bitching about other people "stealing" their comments, this is America😂 we all can say whatever we want! Or should anyway
You know it's serious when he's not talking about politics lol
Nobody can become financially successful overnight. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking the bold steps we need in other to reach our goals.
I think it's not always about fear, Sometimes realistic factors discourage people from reaching their goals in life. For instance, I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value
@@harrisonjamie794 This is the problem! Most times people with little or no knowledge of the stock market try investing by themselves. It once happened to me, then I learned my lesson and contacted a US-based finance consultant by name MARTHA ALONSO HARA and everything changed. I started enjoying huge returns from my investment.
@@raychristopher7797 Oh, that sounds good but how do I reach out to MARTHA ALONSO HARA
@@harrisonjamie794 Look up her name on the webpage
@@raychristopher7797 Okay, thank you. I just found her website very impressive and dropped a message for her.,. I hope she replies to me
"It's not fair because they don't legitimately believe in the company" whereas every investment and short sale that the hedgefund managers engage in is motivated only by making the world a better place?
check out mark cuban on the cnbc show haha covers this irony in great detail
Shoulda bought in early big man
It's funny how liberals and conservatives are agreeing on something.
This is about sending a message to the elites
Redistribution of wealth through the free market rather than the government. its a win win.
Nope - MSNBC is letting bruce get free airtime to tell people how terrible it is. Just what a billionaire needs is FREE airtime. MSNBC - seems to be in cahoots with the rich despite always saying how liberal, progressive and every other inane thing they are.
@@evanu2791 what a funny delusion. The free market will never serve the have nots
@@briiandee Conservatives rarely know who is screwing them.
Aw man, he whipped out the white board for this one... EVERYONE STAND BACK!!!
Who does he think he is, Glenn Beck?
@@88wildcat wouldn't Beck have used a chalkboard?
Yeet
only problem is Ben doesn't really understand how hedge funds work. He hears the word "short" and jumps on the classic definition (old) way that shorting used to work before OPTION contracts. Hedge funds work with option contracts NOT real shares, hedging different option contract positions against each other. Has the same effect as shorting, but the morons are so greedy they obligated themselves against more shares than existed in order to inflate their profit even more never thinking it would go against them this bad.
And stand by!
In laymen's terms: These hedgefund executives betted on Gamestop to fail just like sports bookies last Sunday betted on the Bucs to fail. When the Bucs won then these bookies lost just like when Gamestop won these hedgefund executives lost. You can't gamble and scream "FOUL!" if you lose. If you lose your savings and home due to gambling then the only person to blame is yourself!
Except this is like if you gave the other team steroids so they will win when they shouldn't have.
these hedge fund pricks manipulate the market all the time, at the individual investor's expense. they finally got beat at their own game.
Bruce didn't use ExpressVPN when he was thinking of this so reddit guys were able to see all his dirty plans and wreck him at his own game.
And to top it of, he didn’t even use incognito tab.
The people truly showed how much power they can have when they come together with a cause
Almost have it. Come together, *and* hurt their wallets.
This has largely been my take away. Same thing with the capital non sense. Agree with it or not, if it had only been 1 or 2 people it would of been useless. But when enough peons get together and coordinate their efforts, things happen. And generally the things that happen upset the establishment in a large way.
#tothemoon
Buy dogecoin
And this is the cause we choose... Couldn’t have been like ending world hunger or anything lol
@@balls433 Doge coin meme magic is real #ToTheMoon
The movie “The Big Short” taught me about short selling.
Uncle Sam taught me about Pimpism 101.
I took an entire economics class _and_ watch the movie and I still don't completely understand
This is a much more simpler explanation for people because the big short was short-selling derivatives which are complicated financial instruments that go over most people's heads.
"we're gonna call that guy Bruce because everybody hates Bruce right"
Bruce is the male version of Karen.
Is he referring to his favorite one Bruce caitlyn Jenner ? ;)
Muffles The Gerbil: "Yes." Everybody hates Bruce, and at this moment I don't know why.
Bruce you can't cry cause you laughin' at me and I'm down . ." Muffles The Gerbil my video, and I give the link is on this topic, again, here is the link Links provided for you See my videos one of them is about GameStop and Michael Jordan See these videos ruclips.net/video/0i1fekgBW6Q/видео.html&authuser=0
ruclips.net/video/aQOpArZjZvU/видео.html&authuser=0
Robinhood app accidentally spawns real-life Robinhood behavior, then shuts it down Sheriff-of-Nottingham -Style. Life really does imitate art!
Most Americans haven't forgotten or forgave the bailouts.
Psst: *Forgiven* he forgave, they have forgiven. Past tense can be weird. 🤷🏼
@@screamtoasigh9984 psst: nobody cares...
I was too young to realize when it was going on but once I looked it up as an older man I was like 0.0.
We are legion and all that.
@@Andrew-rd9zq Psst: they should. first and most subtle way to condition is: subtly change the meaning of the language you use. When you do not notice that(the frog being slowly boiled) you're being conditioned.
I love how Robinhood closed trading of the stock the minute people started to actually fulfill its namesake
It's so ironic that the app is called Robinhood 😂
There were other issues they needed to back the sales and buying of each stocks
@The Monster Under Your Bed not unless you agree s to that when you sign up
@@lorddiethorn so if you sign up for an app and somewhere in its ridiculously long, complicated, and convoluted "contact" it says that they get to take ownership of your assets you are ok with it? People like you are idiots. Common folk get screwed by big corporations on daily basis through use of these "contracts" and legal system that encourages this behavior. They put ridiculous clauses in there and nobody catches it until its too late, because no normal person can understand these contracts unless they have a lawyer or finished a law school. And don't tell me that you fully read and understand every single TOS and contact when you sign up for the new app or what have you. I can't believe that there are people out there who are defending these crooks. Its like you are saying that its ok for pedo to have sex with little kids because he makes them sign a waiver.
I use robinhood apparently their services require a fee which they pay for and don't charge their users. That fee became so large around gme that they wouldn't have had enough money to pay based on the rate they were receiving requests. This was in an email they sent me and specifically pointed out it was so they could pay that amount without going into the negative and not because they want to help out hedge fund guys
This GameStop “scandal” is one of the funniest things to happen all year!
So far.... The year is still young
Let’s say hypothetically that Gamestop was really Gamestock.
Seems like that could become a thing.
They should rebrand themselves as that lmao
*Gamestonk
@@FourOf92000 E-B stonks
It makes sense GameStop is usually stocked with games.
"Free Market" until the rich start losing money.
Jesus christ is coming back for the rapture(this decade) Millions of true born again christians all babies and small children under age of accountability will suddenly vanish from the earth. Dont get left behind from rapture to face great tribulation coming to earth. America will be nuked and invaded by russia and china in near future to usher in new world order. Nwo beast system led by antichrist obama and false prophet pope francis ready to take over after rapture. Dont believe the coming massive deception of alien abduction explanation for rapture from obama. Fema concentration camps will be activated around the world post rapture. Refuse coming vaccine and rfid chip implant aka mark of beast at all costs
@@daebak7370 What the F did I just read
@@AvoxionYT I think you read a cocaine, meth lsd, Bible cocktail of insanity
@@daebak7370 schizo moment
@@bobeven3663 😂😂 👍🏻
It’s times like these that I love being an American
This is Like when you're playing uno and you get hit with the draw 4 card about 12 times in a row.
GameStop slogan:
“Power to the players” ✌️😂
Ah.. Yes.. I do believe my power rewards pro will come in handy when I visit my local store soon. If nothing else than to look at the disappointing selection of games. : P
ruclips.net/video/hcQyNn8Invs/видео.html&ab_channel=UpperEchelonGamers
hahahahahahahaha
You my friend have found the true conspiracy LOL. Time for the “games to stop” in our economy lol
This is literally bringing left and right who really care about the "little guy" together. I love this
I doubt the left understand or care the little guy - did biden just screw the pipeline project?
@@Placidzzz people left and right are all on the same side against hedge funds. And here you are trying to put joe Biden as the equivalence to the average liberal.
@La Austin she’s a Wu Mao. Agitator.
But I thought the same as Adam C
Im Adam C. you Imposter.
@@youtubeistrash2 lol, Hi
This is actually a very interesting, comical situation and it also makes me realize how powerful a collective movement like this can impact things
I like to imagine Reggie left Nintendo to join Game stop and had this planned from the beginning like some insane anime mastermind.
Never quarantine nerds and gamers we have time to think.
yep ds will keyin words for ai to monitor during live gaming to prevent recurrence . test the theory ....
WE LIVE IN A SOCIETY
You think dogecoin is going to the moon?
😅😅😅😅
@@frankgrantham480 -- Dogecoin just went BEYOND the Moon!!!
Question, will Doge go to Mars or beyond??
Bruce: *tries to run GameStop into the ground for profit*
Redditors: ..and I took that personally
Not really. Bruce just thinks that Gamestop shares are over valued. Unless Gamestop is going into the market to raise more capital, what Bruce thinks and doesn't shouldn't bother them in anyway.
If I were the board of Gamestop I'd be mighty tempted to sell 10 million shares of stock, just for chaos's sake.
@@nealorr5086 This is exactly right.
And this whole comment section is full of people who do not understand Finance.
This anti Wallstreet stuff is just bs. Just because you don't understand it, it's not 'evil'.
And I'm sure all executives at GameStop holding stock are calling their lawyers right now to see how much company stock they can sell.
Ill make it as simple and tldr as possible
Argument: people are losing money because of hedge fund shorters nobody else is manipulating the market.
Me: WSB in the past have targeted stocks such as amc, bby, blackberry, "citron" and gme, which are unprofitable and fundamentally bunkrupt long term. Stocks like these are prime targets for artificial inflation as they have been for decades. Fundamentally and mid to short term - these companies are going to go under because of their valuation.
Argument: hedge fund shorters cause people to lose money
Me: shorters control volatility and allow for critical analysis and accurate company valuation. If a truly valuable company was shorted in large volume, smaller investors are able to bank on the profits hedge funds dont capitilize on. Hedge funds also compete with eachother, and undervalued companies are prime targets for funds to get an edge over other funds.
Argument: GME is definitely not worth 3$
Me: thats a matter of stock valuation. Just because a company has a new partnership or whatever doesnt mean investors need to start investing in it. Long term fundamentals always trump short term gains. GME is not a long term stock fundamentally.
Argument: WSB doesnt have the resources to manipulate the market.
Me: WSB has always targetted fundamentally challenged companies that are mass shorted as mentioned since it takes relatively small volume to cause a squeeze. This practice has been known for decades (and is illegal) however hedge funds still continue short when companies are unprofitable long term.
Argument: shorting for 100% of a stock is making money off a company failing
Me: since funds manage a large volume of Money, they execute the most efficient and safe trades. There is a reason why funds dont just short every struggling company they see, long term GME and the afforementioned companies are unprofitable, have lost market share continuously, and now are fundamentally unlikely to regain their former profits- i.e a near 100% chance of a company losing value. It is not a hedge funds fault they are losing money or not gaining business, its always the companies management. Also as mentioned, if these companies were even slightly profitable, smaller funds looking to get an edge over competitors wouldnt think twice about capitilizing on it on because thats how the market works - a competition between buyers and sellers, market valuation and NOT gambling, yolo stocks and revenge p0rn market manipulation.
WSB hasnt stuck it to the man, that much is evident, they arent even making a dent since even the smallest funds have more buying power than WSB could even hope to have. They are ultimately punching themselves and smaller investors that depend on market stabillity in the face.
Melvin capital was just handed a billion dollar buyout. And brokers prevented volume influx. Im not going to simp for funds but tell me, if there was any condition that has ever existed for a fund to recieve a buyout, it would be this one: plain as day market manipulation for the sole reason that "wall steeet sucks". Plain as day market manipulation that if you even took a second to glance at a brokers terms of service, you would know preventing openings and closings is allowed to occur when market manipulation has occures.So lets see what WSB had actually accomplished - they developed a bs people vs rich story, wealthy whales manipulated the market for the sole purpose of self profit, they created more volatility which only hurts smaller investors, they gave Melvin capital along with other funds a get out of jail free card worth billions and instantaneously after this stunt, people will short GME en mass, plunging the company into bankruptcy because it is fundamentally a bad company thus, making the shorters even more rich. Please tell me how its the little guy whos winning?
Doesnt also seem even the slightest bit weird that everone just so happens to have the same hyperbolic rhetoric?
@@mazzaleen6091 Not that I read all of this. Just a short note. The stock price isn't causing bankruptcy.
@RPGaming just keep gaming...
6:26 “They don’t care about the market fundamentals”
Little did he know, WSB was the market fundamentals
Could NOT happen to a more deserving bunch of sharks
I love how the thing that united both the right and the left had to be *gamestop* lmao
Power to the Player
Gamers Rise Up!
This game is now running on Unity engine.
Had to Stop the Game somehow...
@@csibesz07 touche
It’s ok for Wall Street to do this and screw the average person, but, when the tables are turned NOW it’s a problem. I personally think it’s hilarious.
Me too, I would have liked to be in on it.
@@louismeloche3857 u can still join
Ill make it as simple and tldr as possible
Argument: people are losing money because of hedge fund shorters nobody else is manipulating the market.
Me: WSB in the past have targeted stocks such as amc, bby, blackberry, "citron" and gme, which are unprofitable and fundamentally bunkrupt long term. Stocks like these are prime targets for artificial inflation as they have been for decades. Fundamentally and mid to short term - these companies are going to go under because of their valuation.
Argument: hedge fund shorters cause people to lose money
Me: shorters control volatility and allow for critical analysis and accurate company valuation. If a truly valuable company was shorted in large volume, smaller investors are able to bank on the profits hedge funds dont capitilize on. Hedge funds also compete with eachother, and undervalued companies are prime targets for funds to get an edge over other funds.
Argument: GME is definitely not worth 3$
Me: thats a matter of stock valuation. Just because a company has a new partnership or whatever doesnt mean investors need to start investing in it. Long term fundamentals always trump short term gains. GME is not a long term stock fundamentally.
Argument: WSB doesnt have the resources to manipulate the market.
Me: WSB has always targetted fundamentally challenged companies that are mass shorted as mentioned since it takes relatively small volume to cause a squeeze. This practice has been known for decades (and is illegal) however hedge funds still continue short when companies are unprofitable long term.
Argument: shorting for 100% of a stock is making money off a company failing
Me: since funds manage a large volume of Money, they execute the most efficient and safe trades. There is a reason why funds dont just short every struggling company they see, long term GME and the afforementioned companies are unprofitable, have lost market share continuously, and now are fundamentally unlikely to regain their former profits- i.e a near 100% chance of a company losing value. It is not a hedge funds fault they are losing money or not gaining business, its always the companies management. Also as mentioned, if these companies were even slightly profitable, smaller funds looking to get an edge over competitors wouldnt think twice about capitilizing on it on because thats how the market works - a competition between buyers and sellers, market valuation and NOT gambling, yolo stocks and revenge p0rn market manipulation.
WSB hasnt stuck it to the man, that much is evident, they arent even making a dent since even the smallest funds have more buying power than WSB could even hope to have. They are ultimately punching themselves and smaller investors that depend on market stabillity in the face.
Melvin capital was just handed a billion dollar buyout. And brokers prevented volume influx. Im not going to simp for funds but tell me, if there was any condition that has ever existed for a fund to recieve a buyout, it would be this one: plain as day market manipulation for the sole reason that "wall steeet sucks". Plain as day market manipulation that if you even took a second to glance at a brokers terms of service, you would know preventing openings and closings is allowed to occur when market manipulation has occures.So lets see what WSB had actually accomplished - they developed a bs people vs rich story, wealthy whales manipulated the market for the sole purpose of self profit, they created more volatility which only hurts smaller investors, they gave Melvin capital along with other funds a get out of jail free card worth billions and instantaneously after this stunt, people will short GME en mass, plunging the company into bankruptcy because it is fundamentally a bad company thus, making the evil shorters even more rich. Please tell me how its the little guy whos winning?
Doesnt also seem even the slightest bit weird that everone just so happens to have the same hyperbolic rhetoric?
How does Wall Street screw the average person? If you invest for a lifetime, and pass it on to the next gen. and teach them solid ethical values, they’re going to be despised for that? Generalizing is dangerous. We all have access to the same system. Quit complaining
@@robbed3181 no dude: say you invested about 20 years ago in Nokia. That investment long term would basically mean you burn your money (as in nokia 20 years ago was top notch and now nokia is failing). Immagine investing in "horse carriages" and then the car comes along. If you go like "I'll just hold my horse carriage stock and give it to my kids" you end up with ZERO money of your life long investment... wall street (or usually hedge funds) will capitalize by making moves which "bait" people into buying then getting their money lost once the hedge funds pull out. In the previous example (carriage-car), a hedge fund, would hold (maybe even increase) their shares, to make it look to the market that everything is fine, and horse carriages will keep growing; 6 months down the line, once enough "dupes" bought in, they instantly sell all and short (reverse course) which causes a stock to crash: that means "average Joe" who bought at 50, because the stock went up from 40 to 49-51 area and he assumed he might get a 55 back down the line, sees the price go as high as 60, so he buys more (assuming it'll go up to 65+); however the fund, once the sto hits 62-63, "double sells" (closes all buys, and opens short sales) making the stock SUDDENLY drop from 63 to less than 55. Now that Joe "lost" money on the 60 buy, and lost profit on the 50 buy, will go: if that drops more, I'll lose my ORIGINAL investment! Need to close it down NOW before I lose my money. "average Joe" is one of the thousands if not millions of regular people investing, so the stock crumbles down to 40, then 20 then 1, and then the hedge closes the shorts (through buying) something worth nothing and making huge money. This in the end IS a ponzie scheme (illegal).
Now here's the issue, if random people do it then everyone panics and calls the feds. If the hedge funds do it, then it's ok, because it was "average Joe's" fault for "not diversifying, or not learning finance, or not [insert random retarded excuse to belittle a guy who was fucked over by wall street].
Shorting stocks should not be legal. Shorting stocks is the only reason this GME scenario is possible.
What about short futures?
So odd that capitalism has warped into something that doesn't value the customer OR the manufacturer. It values a hedgefund guy who has no interest in either the product or the people using it.
In short: “the stock market doesn’t care about your feelings”
Ben Shapiro: "Except when it comes to my religion"
And people are saying right back to Wall Street "F*** your feelings"
Neither does the corrupt billionaire
Except it does, it is really affected by hyped and other irrational feelings.
of course it does.
Love how you remained unbiased, Ben. Also love how you think it’s hilarious, too. It truly is.
"This is Bruce, nobody likes Bruce."
So basically the "bruces" are playing one side of a coin and when the redditors try to play the other side of the same coin they get a penalty. #RIGGED
modern times in a nutshell. don't forget that new yacht a bruce recently purchased had to be returned. That makes me feel good.
@@matt5740 Your don't seem to understand who's actually getting hurt. The hedge fund managers didn't actually get hurt (except maybe losing their bonuses), their investors (lots of pensions) did.
Hedge funds use the 2 and 20 rule. It doesn't matter if they make or lose money in a year, they get 2% of all funds under management (+20% of profits). No hedge fund manager will be losing their job over this or hurting financially. This was not "taking from the undeserving billionaires and millionaires to give to the deserving underclass." It was taking from pensions and retirements in a blatant pump and dump scheme that has disrupted investor confidence across the market, hurting everyone's 401ks and IRAs.
Is it funny that a bunch of Reddit memeists were able to manipulate the market? Absolutely. Is it funny that the hedge fund biggies aren't getting screwed in the slightest, people with pensions & retirements are? No, not really.
@@michaelkuta5657 dont put your money into hedge funds then.
@@vgnhdhe People with pensions don't decide where their pensions are put.
@@michaelkuta5657 then the System is fucked, so let it crash
The Robin hood people should be in jail. They proved by their actions that the game is rigged.
maybe they run dominion too?
If it weren’t for robinhood, this wouldn’t even have been possible to do. Most brokers used to charge ridiculous fees to buy and sell. Robinhood was a disruptor to the investing business. Still is. A lot of the things investors can do now is only possible because of robinhood.
@@ntmn8444 Wait...wait, are you saying people are misinformed on what is actually going on? Stop it, its on the internet, it must be true
@@ntmn8444 - Was possible in Robinhood. Was.
@@ntmn8444 Yes, so Robinhood provides a "service" where they allow you to invest in shares, until they arbitrarily decide to sell those shares without your permission or consent whenever they want.
That'd be like having a parking garage and selling people's cars without their knowledge or consent. Sorry, I sold your car cause the price for that car went up. Here is some money, go buy a new car. Wait, you need that car to get to your kid's graduation ceremony? Or your own wedding? Sorry, guess you'll have to miss it. Aren't we awesome for letting you park your car here?
No. They aren't awesome. If Robinhood didn't exist, other brokers do and someone else would've replaced them. Ideally not criminals who sneakily sell your property without your consent.
That’s the most I’ve heard my name in any video ever.
Facts
It’s REALLY funny how the media is whipping out the classic insults to GME retail investors; we’re suddenly all “racists” and “Russians” and “altright”.
Lmao
The dislikes were the hedge fund guys.
Or people who despise Ben Shapiro
I thought they were from people who don't like the shaky cam
People don't like ads on top of ads
ROFL
Probably 😂😂😂
At this point it is no longer a joke. We have found a way to hurt the corporate elites and I don't think we're going to stop anytime soon.
Any idea on the next company short squeeze?
@@RanbirSingh-st2to Papa John's
@@RanbirSingh-st2to attaboi!
@@Boo-8814 is this a joke?
Costco 😈
First he calls it a "prank." It was not a prank, by saying prank it changes the meaning of what happened. Second he says "artificially boost," it's not artificial. We like the stock. Third he says "to screw bruce." Bruce was well capable of realizing the RISKS involved on shorting a stock and its infinite losses.
It was kind of a prank, at least partially. It is artificial, because Gamestop isn't really worth the inflated prices. You can like the stock all you like, but generally the people are motivated by messing with the short sellers more than actually wanting Gamestop stock itself. Bruce probably did understand the risks, but he did not understand the willingness of Reddit to stop him in his tracks.
Not that I'm against the Redditers in this. Your criticisms are simply mistaken.
This is the kid that owns the ball taking it home with him when his team started losing.
“Some men are not looking for anything logical, some men just want to watch Wallstreet burn.”
Alfred
Bruce
Yeah it's in the freaking game, shorting has risks, you know when Bruces spread fake news to drive down value, now it's the uno reverse card of that. They get a taste of their own medicine now.
I have a very nice investment
Others are just there to make money, since there are literally more shares short than there are shares. The average share has gone around the lending cycle multiple times, and people who lent out their shares to Bruce have a high risk of not getting them back, because Bruce borrowed them for his gambling addiction
🤣🤣 yess
Interesting that the app is called “Robinhood” while promoting the rich stealing from the poor...ahh the irony.
@Gringo I don’t understand your question as the answer seems obvious. Nevertheless...
The poor, in this case specifically, would appear to be anyone who is not allowed to trade with hedge funds. Hedge funds will only take certified investors and the “average” person or company will never get a certification.
what is a stock market
It's funny how Robinhood became overnight Sherif of Nottingham
I think they are gonna have to change their name to something more appropriate "Robbing Hoods"
@Gringo retail investors
I will do my best to make sure that any of the companies that attempted to control free-speech in this scenario again to never ever to support them
The internet has been around for more than 2 decades, and they still dont get it......if you pick a fight with the internet, you will lose.
Finally something that can bring average people together in agreement.
This is the only time that we can have bipartisanship in this country.
@@franciscosantiago5227 More like a global coalition
Not really. I've always liked Wall Street. The various financial markets are what greases the wheels of the US economy.
F Bruce, he can sell his other 4 houses & drive his kids to public school in a Kia
Ooo kia might be crossing the line. Tone down the rhetoric sir
@@parkerzimmerman6405 hey the newer kias are nice, I'd say checy cruze or ford fusion would be crossing
facts
Thats insulting to kia. Its actually a great brand.
@@TheVisualParadox This. They topped several of the German and Japanese brands in recent quality surveys
Reminds me of that 80s movie trading places
I never even bought or sold anything. I don’t even play games. I just wanna be left alone.
""Free Market" for me but not for thee"
WallStreet: "Aw yeah, we about to make some money boiiiiiiss!"
Memers: *Uno Reverse Card*
Lol.. funny
UNO! Collect 4 cards!
Thing is, that actually seems like it literally happened. The common man with common cards just crashed the casino.
Hilarious 🤣
I’m cracking up 😂😂😂
Who’s here in June for the second pump with AMC??
Great job explaining the whole short selling concept. This was like the 10th video on this topic and I finally understood what happened.
A “prank” is just a traditional short squeeze strategy. It’s just being executed by retail. Also, this is more than a prank. Ppl are fighting back against crony capitalism through the free markets. It’s beautiful - Brings a tear to my eye 😢
Its called a prank when its convenient, when its not its called a pump m dump. There is no excuse for this shit. Ben has been lately showing his cards
@@AlexPerez-bd9nc wdym?
@@AlexPerez-bd9nc there’s nothing wrong with what they are doing.
@@AlexPerez-bd9nc hey guys I found a Bruce
@@bilbobaggins3068 LMFAOOO
This has got to be the hottest burn that peasents have ever brought on the rich elites.
Exept those ones where poor literally burned the elites. 😆
Every dog bites back when it's had enough...
Hedge funds: "Oh, this company isn't gonna do so well."
People: "Esplain?"
Hedge funds: "Well, it's just that there's this new leader and people are optimistic, but I don't think things are gonna go so well. I'm certain they're not."
People: "wdym?"
Hedge funds: "Look dude I'm just gonna screw the company for no reason, okay?"
I love when Ben talks about no politics and just jokes around or makes video about funny topics.
You know he’s pissed though. He hates the fact that normal people are investing,
@@muellersgame8001 source
@@muellersgame8001 why would he be?
@@KingAfrica4 he’s a republican. The policy he advocates for benefit only the rich. He hates normal working Americans. But he realizes pretending to be populist is a good grift.
@@muellersgame8001 you mean you want to believe he's pissed about it because it fits better with your preconceived notions about conservatives?
*Ben Shapiro Teaching His Kids During Coronavirus*
10 Billion times better than any lame ass socialism school in the USA
I wanna see what the one wild child is gonna be like... you know one of them is gonna be outta sight and is gonna drive this dude crazy
Who needs teachers when you have Ben Shapiro?
Facepalm
Ben’s kids are like 4 and under and are probably smarter than me and comprehend this
Thanks Ben for understanding us!
- One of the Reddit guys
"We can land on the surface of the Sun, but only if we arrive at night." Joe Bdum
Sounds Like they beat the hedge fund guys at their own game. Brilliant.
That's why the hedge funds are so pissed. Only they get to manipulate the market to generate massive wealth. Be gone peasant, We, the hedge fund managers won't allow you to participate in a free market.
I love how unifying this has become, HOLD THE LINE
Yes Siree Bob, hold the line, HOOOOOLLLLD That line
.
You look like an upgraded version of the creator of Twitter (jack dorsey)
HODOOOOOOR!
APES STRONG TOGETHER
"Did you hear about GameStop?"
"Yeah! Poor Bruce..."
😶
The wallstreet guys are scary good. Man, they actually played the whole show to convince everyone they've lost when they were the largest shareholders of GME.
Robinhoods going to have more lawsuits than Donald Trump at this rate.
Except this time its legit
Except these actually have a case.
@@Junior-xi9yb legit 👍
@@Junior-xi9yb They don't have a case. You realize what wsb did is a felony right? On top of that you agree to use robinhood according to their terms and they reserve any and all right to prevent you from trading a specific security. It's legal what they did. What WSB did is NOT legal and NEEDS to be prosecuted.
Almost impossible but who knows lol
Give Bruce his 600 stimulus, that'll make him whole again
Lmao
All that good ole unity
lmfao
lol
Unity's company slogan
"Unity, we all get poor together"
Thanks for helping me make sense of it. I had a vague understanding, but I was unsure.
I think now I shall go listen to the old ELO song "Dont bring me dowwwwnnn, Bruce!"
Niiiiiiiiiiiiiiiice
This was the biggest Reverse-Card in history
Lmao fax
What's funny is the guy behind all of this actually uses uno cards to pick out his stocks. His name is Keith Gill. He goes by "roaring kitty" on RUclips and is a fucking legend.
@@romansempire9237 wait what?! Please tell me more!!!!
Mirror wall trap card activated
@@mateusfelipecardoso40kview3 legend 👏
"Robinhood" should be renamed "Sheriff of Nottingham"!
🤣🤣
They are definitely robbing the hood , and the burbs and everywhere but boardwalk and park place
Yo Ben made that his title
ROBINGHOOD
if you play this at 0.75 he actually sounds like a normal person.
Holy crap, you're right
Subbed, thank you for sharing this info. Most people I hear talk about it THINK they know what they're explaining but they have no idea
We remember our fathers being ruined by wallstreet and losing their pensions while the rich were bailed out with our fathers tax dollars. Time for some payback. Short a stock over 100% again I dare you.
I'm pretty sure most fathers made way more money off of Wall Street than ever lost on it. The major indexes have been on a steady rise for decades.
@@nonmagicmike723 You'd be surprised at how often stocks are not invested into than those that are. I know many people that have never invested. Would be a good graph to read though.
I got a news flash for you, mom and pop have their retirement funds in the stock market. Rich guy make their easy money on mom and pops poor money. Just like the bank makes money on idiots regularly over drafting. So when wall street fails, the rich guys lose money .....so do mom and pop and when retired people no longer have any, they either have to go back to work, or depend on kids. Not good.
@@deborahgrantham7387 And yet the government only bails out rich investors not the poor investors (masses). Both parties are fake populists.
@David Goldberg About 60 million Americans have 401(k)s. And virtually all the major stock indexes have been on the rise. Therefore, private pensioners made a lot more money than lost on them. I don't see what's wrong about that.
"everyone hates bruce"
Caitlin Jenner -"laughs nervously"
Well... it seems even Caitlin hated Bruce...
I am not amused.
You just made my Friday!! 😂
Best comment of the day
"She" should give those Olympic medals back
Worth remembering that when dealing with these big fund managers ,you are talking about people who take the HELICOPTER to work, their helicopter. That type of money can get lots of 'friends ' in the right places.
I like how everyone is describing this scenario like a Saturday morning Sesame street episode
This is the stuff I wish I learned in economics. Instead I got some dude who was a communist, feminist, pro choice guy who only ranted about trickle down economics.
Trickle down never worked, hence we have to do things like this
@@dbefore7165 it worked just fine when we made our own products and businesses in the US actually made things instead of buying and selling money. Now it just trickles down in China.
@@dbefore7165
Trickle down econ is a strawman of supply side economics, which is actually true and reasonable.
I never thought ppl really thought trickle down Econ works lml if it works why is there such a wealth gap in America? US Billionaires seem to be doing pretty good while inflation and lower wages is making the middle class poor
@@blacksinatra2715 well during the Reagan era we had manufacturing here. People who owned companies who had Capital that expanded their businesses would buy more equipment and hire more employees. Now those benefits went offshore. Do you think Apple makes more or less phones that it did before? How’s being paid to make that happen? But I will agree with you that this trickle down has not improved the life of the typical American worker in 2020. But it has done wonders for chinas economy. Look at the quarterly gains and the improved quality of life since we sent all those manufacturing jobs oversees... China actually has a middle class now and they are traveling and account for a new dynamic as tourists who spend money they made at home.
I’m surprised an economy expert like yourself hasn’t analyzed the world macro economic structure and how it’s changed historically and why. Then ask that professor to try to explain it away. Lol
Just give Bruce 600$ and tell him to budget his money better. He’ll be fine
Rich people don’t tell you that
ICED!!!
How about just cutting out the leveraging aspect completely?
Thank you for such a great break down of the details!
Holy shit "Bruce" looks just like the CEO of the bank I work for, by the way, his name is Bruce.
Hedge Funds: Ye bois, we boutta make some moolah
Redditors: Hold my game controller
😂😂
This is truth
Mom!!! Chicken Tendies, stat!!! Better make the whole box!!!
@@Stiff-in-the-morning gonna see a bunch of new beanies around town. Maybe I should invest in that.
😂😂😂😂😂
Bruce: *does a short stock*
Reddit: I’m about to ruin this man’s whole career...
Wow so funny and original, never heard that before
Well if he puts on that cape and cowl ......
*End
Chapi Yeah, I know. Just bored.
F Bruce
Nicely explained, Ben! Thanks alot, was really wondering and didnt get it until now :)
I love all the snakes who are now like "we need more regulations!" when they never would've uttered those words if THEY were the ones gaming (no pun intended) the system.
You forgot the part where Bruce's sold more stonks than actually existed.
By a factor of 100
@@joshuadalton6063 i heard it was between 125% and 140% hearing all kinds of stories its already legend
@@joshuadalton6063 Not true. By a factor of 1.4 is more accurate.
@@thedillestpickle I was including derivative markets and the other markets that allow you to profit off of what happens on the stock market in general. ie like crash of 2008 where the market for CDOs and so on was something like 50x the size of the actual mortgages underlying them.
Wtf how, Iam interested can u recommend an article to read?
prank? no... it was a demonstration of "rules for thee, but not for me."
They were punked, not pranked. Love it when a plan comes together, way to go Reddit Bros. 🍻 Prost
Yeah I was about to comment something similar, this was no prank Ben!
Stop shutting down our country
@@priestly33 Whose "our" exactly?
And why ''Rules for thee, but not for me...'' harms everyone.