Let's SCREW the Stock Market! - WAN Show January 29, 2021

The WAN Show

Linus Tech Tips

Tech News, News Commentary, News

4.7 • 1.4K Ratings

🗓️ 1 February 2021

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

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Summary

Sign up with Privacy and enter to win a Alienware r15 R2 laptop at https://lmg.gg/bcI4H Get 25% off Malwarebytes Premium if you sign up for 2 years at https://geni.us/malwarebytes Honey automatically applies the best coupon codes to save you money at different online checkouts, try it now at https://www.joinhoney.com/linus Check out Carpool Critics, our new movie podcast: https://www.youtube.com/channel/UCt-oJR5teQIjOAxCmIQvcgA 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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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