| In this episode of Rich Dad stock cast, host Andy Tanner dives into the resurgence of the GameStop short squeeze phenomenon that took the world by storm in early 2021. With a recent 60% spike in GameStop stocks, short sellers faced over $2 billion in losses. Tanner explores the concept of short selling, shares his perspective on the GameStop situation, and reflects on the broader implications on the stock market. The episode covers the dynamics between hedge funds and retail investors, particularly how the collective action on Reddit led to a significant market impact. Tanner cautions against speculative trading, emphasizing education, long-term value investment, and the ethical dimensions of investing. He wraps up by advising against involvement in the volatile GameStop stock, advocating for a focus on solid, value-creating investments. StockCastBonus.com Free Training with Andy Tanner: https://bit.ly/3JsRdmj 00:00 Introduction 04:01 The Art of Short Selling Explained 05:23 The Blockbuster Story: A Missed Short Selling Opportunity 08:19 GameStop's Short Squeeze: A Strategic Play 12:29 The Role of Robinhood in the GameStop Frenzy 15:04 GameStop's Struggle with Fundamentals and Future Prospects 18:49 GameStop Saga: A Deep Dive into Market Dynamics 20:44 Investment Philosophy: The Ethical Considerations of Short Selling 22:54 The Importance of Education in Investment Strategies 28:56 Building Wealth: The Case for Solid, Value-Driven Investments ----- Disclaimer: The information provided in this video is for educational and informational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any financial instrument or engage in any financial activity. The content presented here is based on the speaker's personal opinions and research, which may not always be accurate or up-to-date. Financial markets and investments carry inherent risks, and individuals should conduct their own research and seek professional advice before making any financial decisions. |
Robert Toru Kiyosaki (born April 8, 1947) is an American businessman and author. Kiyosaki is the founder of Rich Global LLC and the Rich Dad Company, a private financial education company that provides personal finance and business education to people through books and videos. The company's main revenues come from franchisees of the Rich Dad seminars that are conducted by independent individuals using Kiyosaki's brand name for a fee. He is also the creator of the Cashflow board and software games to educate adults and children about business and financial concepts.
Tags: Featured,newsletter
21 pings
Skip to comment form ↓