In this episode of Fiscally Savage, Dylan is discussing the ongoing situation with Gamestop and WSB vs Hedge Funds. This is a personal situation for a lot of people whose parents never fully recovered from the recession and millennials are out for revenge against Wall Street. If you’re struggling to understand what’s going on, this episode will explain and sum up everything for you!

This is NOT financial advice.

 

0:00 - 1:13 - Introduction

1:13 - 3:04 - Intro to today’s topic, the barbarian horde.

3:04 - 4:25 - Disclaimer, this is NOT financial advice.

4:25 - 8:24 - What is short selling stock?

8:24 - 10:53 - Let's talk about Gamestop & DFV.

10:53 - 13:00 - What is a brokerage?

13:00 - 18:23 - Robinhood & Citadel

18:23 - 24:47 - What was the big short?

24:48 - 28:23 - The millennial generation has a long memory.

28:24 - 29:40 - What are call options?

29:42 - 32:36 - This isn’t about the gains, it’s about vengeance.

32:36 - 33:37 - Everyone on WSB is on the same page when it comes to hedge funds.

33:38 - 36:05 - What is clearing?

36:05 - 37:58 - Robinhood played dirty with short sellers.

37:58 - 38:48 - The most divided politicians in recent history are all in agreement on this!

38:48 - 40:00 - WeBull are trying to keep up with demand whilst Citadel back Melvin Capital.

40:00 - END - Wrap-up & Outros.

Diamond. Hands.