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Podcast: Beer and Conversation with Pigweed and Crowhill
Episode: 322: The Gamestop investment story, plus SBF and FTX
Description: The boys drink and review RAR's Groove City Hefeweizen, then review short selling, the Gamestop story, Sam Bankman-Fried, and FTX.
After watching the Netflix "Eat the Rich" series, the boys remembered their interest in the Gamestop story, so they consulted their financially intelligent friends, Hansel and Gretel, to get up to speed on what happened and why.
It's a fascinating story where "retail investors" who frequented the "Wallstreetbets" Reddit group stuck it to the institutional investors and caught them in a short squeeze.
The retail investors sent the stock rocketing up, which was...