You're listening to TIP.

Similar to last week's episode on Friday, this week's Friday episode is going to be another

bonus episode. I mentioned last week that I'd be giving my thoughts on the GameStop

situation this week, which I wrote about in our TIP newsletter. I've shared my thoughts a little

bit about this on social media, but if you haven't heard them yet, we will dive into that in this episode. If you'd like to connect with me on social media,

you can find me on Instagram or Twitter with my username The Robert Leonard that's spelled

out as T-H-E-R-O-B-E-R-T-L-E-O-N-A-R-D.

All right, now, let's get into this week's bonus episode.

You're listening to Millennial Investing by the Investors Podcast Network,

where your host, Robert Leonard, interview successful entrepreneurs,

business leaders and investors to help educate and inspire

the millennial generation.

Similar to last week's bonus episode, where I read you by intrinsic value of Square.

Today I'm going to talk to you and read a bit

from a newsletter that I wrote about the GameStop situation. You've likely heard of the fight

between Reddit, Wall Street bets, and the real Wall Street over companies like GameStop,

AMC, and Nokia. Before we get into what actually happened, I want to

talk about two key terms that are crucial to understanding what went on, and those are short-selling

and margin. As value investors, we typically purchase a stock that we believe is undervalued,

and will provide market-beating

returns over the long term.

In this case, we are going long a stock.

...