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Nothing Personal with David Samson

Wall Street, Robin Hood, and Steve Cohen walk into a GameStop (1/29)

Nothing Personal with David Samson

David Samson

Sports, Business, Baseball

4.73.1K Ratings

🗓️ 29 January 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

Today’s word of the day is ‘Game Over’ as in GameStop as in what the hell is going on on Wall Street?! Let me explain every layer of what happened over the course of the past week — from Wall Street to retail investors to Steve Cohen to Congress — an everything in between. (33:10) Review - The White Tiger (37:50) NPPOD (40:20) So You Wanna Talk To Samson!? Someone asked me what I would do with Deshaun Watson if I were president of the Houston Texans. Will Houston keep or trade him? #waittosee Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

This episode is brought to you by Slack. With Slack, you can bring all your people and

0:05.9

tools together in one place. It's your digital HQ where you can increase productivity,

0:11.1

enable flexibility and automate workflows. Plus, Slack is full of game-changing features

0:16.7

like huddles for quick check-ins or Slack Connect, which helps you connect with partners

0:20.9

inside and outside of your company. Slack. Where the future works. Get started at

0:26.9

Slack.com slash DHQ.

0:28.9

Game over. Nothing personal word of the day. Friday, January 29th, 2021 is game over.

0:52.9

I say game. You say stop. That's the new word association. There is something going

1:00.1

on in the world in which I used to live. And I'm going to take this opportunity today

1:06.6

to explain what the hell is going on. Are people getting rich? Are people getting poor?

1:15.1

Are people getting screwed? Spoiler alert. There's more screwing going on than on the

1:22.5

set of a dime store porn movie. And I want to explain why there's outrage.

1:31.5

Billionaires losing money. Max fans worried that the owners like the will ponds losing

1:38.1

all his money and therefore can't sign Trevor Bauer. People quitting their jobs, taking

1:44.8

mortgages out, second mortgages on their families home without telling their families

1:50.0

they're doing it to get money to put into the stock market. I want to tell you a story

1:56.0

about when I joined Morgan Stanley. Morgan Stanley is a firm on Wall Street. I joined

2:01.1

it after I was running news travels fast delivery newspapers in Europe. The internet started.

2:06.4

I realized or someone told me that the internet wasn't going to go away. And that was the

2:11.3

end of the newspaper business. Who the heck wants an actual newspaper anymore. Even though

2:16.2

I still get one every day, I get a regular newspaper. I like the income I fingers. I like

2:21.5

sort of the black ink of the New York Times or other newspapers on my finger. I still

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