Ladies and gentlemen, welcome to the compound and friends. It's Tuesday night. We have an amazing show for you. First up

I talk to Yannick Molling and life Abraham of the public app and public.com and they were in the midst of the

GameStop short squeeze in January of 2021

Which is now the subject of a big movie that's opening up called the dumb money and I saw the movie and it's got some great

performances from Pete Davidson Seth Rogan's in the movie Nick Offerman and just a lot of great acting and a lot of funny scenes and it basically tells the story from the perspective of the

Traders who were on one side of the short squeeze the Wall Street Betts crowd and then the hedge fund managers who were on the other side of that historic short

squeeze so I talked to life and Yannick about what it was like trying to run the app. There was one moment in time where Robin Hood actually cut off the buy button for GameStop and all of these traders started to open accounts at once on public and there was one moment where they were opening five accounts per second and keep in mind public is like a venture back start up at that point. They don't have the capacity for this but they also don't want to miss the moment.

So we get some really great inside stories from that period of time and then we play what are your thoughts with Michael batnik and Michael pitches some stocks. We get into what's going on in the bond market.

A little bit of a preview of the PCE number inflation number that's coming out at the end of this week Apple launched a new phone this week lots of stuff going on. So please enjoy the show and that's it from me. I'll send you right there now.

Welcome to the compound and friends all opinions expressed by Josh Brown Michael batnik and their cast mates are solely their own opinions and do not reflect the opinion of Red Holt's wealth management.

This podcast is for informational purposes only and should not be relied upon for any investment decisions.

Finds of Red Holt's wealth management may maintain positions in the securities discussed in this podcast.

Hey everyone downtown Josh Brown. I'm here with two friends of mine. Life Abraham and Yannick Molling. They are the guys behind one of our favorite sponsors and favorite companies public public dot com in the public app.

Welcome life. Welcome. Yannick. Thanks so much for joining us today.

Nice. Thanks for having us.

All right. Yannick this is audio. Give me a bigger hello than that.

Hello Josh. It's great to be back here.

Well done. All right. Guys we're going to talk about dumb money. So for those who don't know dumb money is the film that tells the story of mostly January and February of 2021.

Which I think is going to go down in history as one of the most notable Wall Street slash investing trading moments of all time.

You had a record setting number of new investors start to check out the stock markets in 2020.

As a result of the pandemic it was literally the only game in town and many of those investors probably by now have learned enough to have become better investors.

But in those early relatively early days let's just say there was a lot of experimentation.

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