houston, if that s not the earth, we re in trouble! but was this really a people s revolution? this is not a david versus goliath story, but more of a goliath versus goliath story. the gamestop story is the story of its investors, and we ll be telling it through the experiences of three amateurs in california who all buy and sell their shares using trading apps. gavin may, a 19 year old youtube star, parkour enthusiast and amateur online trading guru. do you sometimes wonder why people listen to a 19 year old who s been trading for, like, six months? yeah, no, totally. that s definitely a very valid question. john motter, who works for a homeless charity. he blames big finance for some
experiences of three amateurs in california who all buy and sell their shares using trading apps. gavin may, a 19 year old youtube star, parkour enthusiast and amateur online trading guru. do you sometimes wonder why people listen to a 19 year old who s been trading for, like, six months? yeah, no, totally. that s definitely a very valid question. john motter, who works for a homeless charity. he blames big finance for some of la s housing problems. have you ever bought any shares before? no. first time? first time. and casper and matt who run a social media marketing company. i m a gambling guy and i really believed in the power of memes and i put my money where my mouth is. a year ago, gamestop to many was a business slowly dying. it sells physical games at an actual shop, and many on wall street thought that
around that and just, like, learn a lesson. and gavin says he ended up making $40,000. there is this kind of assumption that a lot of people who are on wallstreetbets were just there to, like, make a political point about hedge funds, but actually there were lots of retail investors that were there to make money, like you. yeah, no, definitely. i would say, as much as people say that they wanted to make a point about hedge funds, at the end of the day they all wanted to make some money. what s clear is that trading apps have transformed the financial system. trading s become more democratic, but conversely, it s also become more risky exaggerating the highs and the lows. the story of gamestop, then, is both inspirational and cautionary. if this was a revolution, it was one that had its casualties, of some investors who reached for the moon and didn t quite make it.
hey, watch out for this everyone ganging up on us and grouping together scenario. that s never happened before. without the internet, that would be impossible to accomplish that. john s investment was relatively small, but he lost most of it. i don t think any, like, change has come out of this. that s been pretty apparent. i hope people see that, i hope everyone who gets screwed over does see that no one s coming to bail them out and changes aren t being made to help the little guy. if nothing else happens, i hope people get educated around that and just, like, learn a lesson. and gavin says he ended up making $40,000. there is this kind of assumption that a lot of people who are on wallstreetbets were just there to, like, make a political point about hedge funds, but actually there were lots of retail investors that were there to make money, like you. yeah, no, definitely. i would say, as much as people say that they wanted to make a point about hedge funds, at the end of the day,
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