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My First Million

The GameStop Guy Has Returned… (And Has A New $210M Bet)

My First Million

Hubspot

Entrepreneurship, Investing, Business

4.82.7K Ratings

🗓️ 7 June 2024

⏱️ 59 minutes

🧾️ Download transcript

Summary

Episode 594: Sam Parr ( https://twitter.com/theSamParr ) and Shaan Puri ( https://twitter.com/ShaanVP ) explain what’s happening with GameStop AGAIN and how Keith Gill turned $56k into $210M with memes. — Show Notes: (0:00) Roaring Kitty's $200M GameStop holding (8:41) Is Keith Gill the most genius creator behind a brand? (14:53) Where did the $65M come from? (17:44) The 7 Stages of GameStop FOMO (20:00) Ryan Cohen's activist investments in GameStop, Bed Bath and Beyond (26:34) Shaan's honest take on paternity leave (31:53) Painting the windows black (35:42) Zach Pogrob's The Year of Obsession (37:03) What's the deal with run clubs right now? (39:19) Sexy faces and sexy paces (42:04) Endurance event businesses (45:06) Opportunity: The suburban Iron Man (51:19) Scott Harrison gives Shaan unsolicited feedback — Links: • [Steal This] Get our proven writing frameworks that have made us millions https://clickhubspot.com/copy • wallstreetbets - https://www.reddit.com/r/wallstreetbets/ • Unusual Whales - https://unusualwhales.com/ • WSJ on Ryan Cohen - https://tinyurl.com/4zue9xps • Wander - https://www.wander.com/ • The Lehman Trilogy - https://thelehmantrilogy.com/ • The Year of Obsession - https://tinyurl.com/4nsrh689 • Nick Bare - https://www.instagram.com/nickbarefitness • RAWDAWG - https://www.instagram.com/rawdawgrunclub • River - https://www.getriver.io/ • 29029 Everesting - https://29029everesting.com/ • Rock n Roll Running - https://www.runrocknroll.com/ • thespeedproject - https://www.instagram.com/thespeedproject • Grab HubSpot's free AI-Powered Customer Platform and watch your business grow https://clickhubspot.com/fmf — Enter to win a free trip at https://www.wander.com/mfm and use code MFM300 at checkout for $300 off your booking. — Check Out Shaan's Stuff: Need to hire? You should use the same service Shaan uses to hire developers, designers, & Virtual Assistants → it’s called Shepherd (tell ‘em Shaan sent you): https://bit.ly/SupportShepherd — Check Out Sam's Stuff: • Hampton - https://www.joinhampton.com/ • Ideation Bootcamp - https://www.ideationbootcamp.co/ • Copy That - https://copythat.com • Hampton Wealth Survey - https://joinhampton.com/wealth • Sam’s List - http://samslist.co/ My First Million is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Production by Arie Desormeaux // Editing by Ezra Bakker Trupiano

Transcript

Click on a timestamp to play from that location

0:00.0

Sam, this podcast is not financial advice.

0:03.0

But if I was going to give anyone financial advice, I would have said,

0:06.0

rewind the clock to May 1st, just a month ago,

0:09.0

and all you need to do if you ever want to triple your money.

0:12.0

Forget Warren Buffett. forget Bill Ackman.

0:15.0

All you had to do was buy GameStop.

0:18.0

Again!

0:19.0

Again!

0:20.0

I feel like I can rule the world. I know I could be what I want to.

0:25.0

I put my all in it like no days off on the road.

0:29.0

On the Mount Rushmore of Investing, there's Bill Ackman.

0:32.0

There's Warren Buffett, these wise older men who just

0:35.8

exude confidence exude wisdom right next to them is deep fucking value that's the world we're living in right now.

0:45.0

So a lot has happened with this guy.

0:48.0

Let's tell a little bit of the background of who this person is and what happened.

0:53.0

All right, so it starts, what year did this start?

0:55.1

And probably 2020, so like peak zero interest, COVID's happening,

0:59.0

a lot of people are streaming online

1:01.2

and saying their thoughts because they're working from home.

1:02.8

There's this guy named Keith Gill. Keith Gill, I think he worked at like mass mutual or like just some normal boring job,

1:10.0

like a $100,000 a year job. However, he loves sock investing, like he studies it and turns out

1:17.5

he's a very charismatic guy and he starts streaming some of his picks and why he likes certain companies whatever. Now we all

...

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