Let's SCREW the Stock Market! - WAN Show January 29, 2021
The WAN Show
Linus Tech Tips
4.8 • 1.3K Ratings
🗓️ 1 February 2021
⏱️ 60 minutes
🧾️ Download transcript
Summary
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Timestamps (Courtesy of MattDog_222)
0:00 Intro
0:14 Topic preview
1:59 Intro
2:35 Short summary/preview of review bombing
3:17 Introduction to Gamestop (GME) stock current events
3:52 Shorting a stock: definition/explanation
6:27 Short Explanation ( Part 2 )
8:12 What WallStreetBets is doing + Elon Musk's opinion
9:48 Original intention behind shorting
11:12 Gamestop + Robinhood + Redistribution of wealth
12:08 Some people had success + The main "winners"
13:10 WallStreetBets' Role model
14:53 Hedgefunds also charged interest, amongst other things
15:25 Linus's stock promise introduction/announcement
17:15 Ivan's story
18:26 Linus starts to get worried (To the moon)
19:33 Other "Meme stocks" + "Short squeezing"
20:32 AMC in particular
21:30 Linus's promise: Cost update (+Luke laughing)
22:11 Linus doesn't do many investments
23:50 How does Linus acquire GME? + Luke's prediction
24:45 Estimates of 5 Billion lost from short-sellers
25:05 Robinhood restricted GME + Class Action Lawsuit + Reviewbombing
27:07 Other meme-crap (Dogecoin)
27:27 Robinhood possibly selling some peoples shares + disclaimer
28:23 Elon added Bitcoin to his Twitter bio
29:15 Twitch/Floatplane chats suggests promise cap (50k)
30:08 Google removing negative Robinhood review
31:38 Luke's computer lag issues (story)
33:05 Sponsors
33:13 Honey
34:08 (Not a sponsor) - Activism investing
35:46 Malwarebytes Premium
36:40 Privacy + Alienware giveaway
37:42 Calling Yvonne (the wife)
39:01 The cost reveal (50k)
41:01 Yvonne's counter-argument
42:25 Intel has more returning talent (Sunil Shenoy + more)
43:02 Linus's Apple Watch Heart-Rate
45:02 Sunil's previous work at Intel + Other names
46:13 Pat Gensinger's quote
46:35 Apple Q1 record revenue ($150 Billion)
48:37 Alleged NVIDIA 3080TI 20GB leak
49:51 "Please stop sending money" - Linus
50:12 i9 11900kf leaked screenshots
51:40 Linus trying to plan when to buy GME stocks
52:10 LTT Still Hiring
53:04 More stock talk + various comments on it
55:34 LMG is NOT going public
56:46 LTT Store reminder
58:04 Conclusion
58:40 Outro 1
59:04 Outro 2
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What is up? |
| 0:03.0 | viewers on the internet or should I call you guys Internet Explorers? |
| 0:09.0 | Yes. |
| 0:11.0 | Welcome to the WAN show. |
| 0:12.0 | We've got a fantastic show for you guys today. |
| 0:14.6 | Obviously, the big news has been everywhere. |
| 0:19.2 | Our slash Wall Street Betts, absolutely sticking it to the man and of course getting help from many, many other |
| 0:28.9 | communities which we are hoping of course to add ourselves to by the end of this stream. |
| 0:35.0 | We'll get we'll get you guys the rundown on what that is and talk about what we're |
| 0:40.2 | planning to do to do our little part here. |
| 0:43.4 | Google, I mean this is closely related news, |
| 0:47.6 | Google removed negative Robin Hood reviews, |
| 0:51.4 | which is absolutely fascinating. I don't know that Google has |
| 0:54.8 | ever removed. I think it was 150 no just shy of a hundred thousand negative |
| 1:01.2 | reviews of the Robin Hood app that seemed to be designed to |
| 1:06.4 | Just drive down the reputation of Robin Hood. Luke what else we got today? |
| 1:13.0 | Apple is super rich. |
| 1:15.0 | Like, if you thought movies, we're doing not as well recently, you were wrong because they're even |
| 1:21.7 | more rich than you could have possibly probably believed. |
| 1:25.2 | Also, not news at all. Sorry. It's not news at all. Okay, but there's there's some news in there. It's not very, |
| 1:32.8 | it's a super interesting show, okay? |
| 1:35.8 | Linus and also audience, don't worry about it. |
... |
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