The Gamestop Revolution That Wasn't (with Spencer Jakab)
The Stacking Benjamins Show
Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP
4.4 • 2K Ratings
🗓️ 31 January 2022
⏱️ 69 minutes
🧾️ Download transcript
Summary
Did you participate in the Gamestop trading craze last year? If you didn't -- and had FOMO while small traders banded together and took down "the man" -- we're going to help you feel better today by diving into what really went down. From short selling to Reddit and Robinhood, our guest today shares it all. Spencer Jakab's interest in Gamestop was piqued when his son was talking about Reddit threads. It led him to dive in and write a book explaining the behind-the-scenes story. He's sharing his findings today and I'd bet there's some details that will surprise you.
During our headline, we're looking at auto loans. Banks posted record auto loan originations in 2021. We dive into why and the psychology behind car buying. We're also answering Sarah's question about finding the best bank accounts and Doug shares his trivia.
Enjoy! Full show notes are available at http://stackingbenjamins.com
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Transcript
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| 0:00.0 | Happy Monday. So happy you're here with us. And guess why we're all here, OG? Because we didn't have to pay |
| 0:07.6 | attention to this international situation as much as... Is that what we call it now? The situation? |
| 0:14.1 | I think everybody knows... They used to be a guy on MTV, but now it's a guy in Russia. He's just called |
| 0:19.5 | the situation. And that'll escalate to a police action. He's the situation now. No longer just on the Jersey shore. It's, uh, yes, spreading internationally, sadly. Hey, got to give a big shout out at this tense time to the men and women of our armed forces, keeping us all safe. Let's all go. Stay safe, everybody, and let's stack some benjamins together. |
| 0:40.5 | Hello there. |
| 0:41.4 | Peabody here. |
| 0:42.8 | And this is the wayback machine for traveling through time. |
| 0:45.7 | And this is my boy, Sherman. |
| 0:48.2 | Speak, Sherman. |
| 0:49.1 | Hello. |
| 0:49.9 | Good boy. |
| 0:55.5 | Live from Joe's mom's basement, it's the Stacking Benjamin show. |
| 1:10.3 | I'm Joe's mom's neighbor, Doug, and what was the last bandwagon you were tempted to jump on? |
| 1:15.6 | Crypto? NFTs? Dayton Pete Davidson? |
| 1:19.4 | Not every new fad is a great idea. Just ask Ariana. |
| 1:23.0 | Here to help us make better decisions about following the crowd. |
| 1:26.5 | We have from the Wall Street |
| 1:28.4 | Journal's heard on the street column, Spencer Jacob. We'll have a TikTok minute about NFTs that'll |
| 1:35.0 | make you say WTF. We'll throw out the Haven Lifeline to Sarah with a question about helping |
| 1:40.2 | the unbanked and will also feature a disturbing headline about bank loans, and |
| 1:46.4 | finally, I'll roll out my incredible trivia. |
| 1:50.5 | And now, two guys who's bandwagon, you do well to hop on, it's Joe and O J-J-J-J-J-J-J-J-G. |
... |
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