All language subtitles for Dumb.Money.2023.1080p.MA.WEB-DL.DDP5.1.Atmos.H.264 (SDH)

af Afrikaans
sq Albanian
am Amharic
ar Arabic Download
hy Armenian
az Azerbaijani
eu Basque
be Belarusian
bn Bengali
bs Bosnian Download
bg Bulgarian Download
ca Catalan
ceb Cebuano
ny Chichewa
zh-CN Chinese (Simplified)
zh-TW Chinese (Traditional)
co Corsican
hr Croatian Download
cs Czech
da Danish
nl Dutch Download
en English Download
eo Esperanto
et Estonian
tl Filipino
fi Finnish Download
fr French
fy Frisian
gl Galician
ka Georgian
de German
el Greek Download
gu Gujarati
ht Haitian Creole
ha Hausa
haw Hawaiian
iw Hebrew Download
hi Hindi
hmn Hmong
hu Hungarian
is Icelandic
ig Igbo
id Indonesian
ga Irish
it Italian Download
ja Japanese Download
jw Javanese
kn Kannada
kk Kazakh
km Khmer
ko Korean Download
ku Kurdish (Kurmanji)
ky Kyrgyz
lo Lao
la Latin
lv Latvian
lt Lithuanian
lb Luxembourgish
mk Macedonian Download
mg Malagasy
ms Malay
ml Malayalam
mt Maltese
mi Maori
mr Marathi
mn Mongolian
my Myanmar (Burmese)
ne Nepali
no Norwegian
ps Pashto
fa Persian
pl Polish Download
pt Portuguese Download
pa Punjabi
ro Romanian Download
ru Russian Download
sm Samoan
gd Scots Gaelic
sr Serbian
st Sesotho
sn Shona
sd Sindhi
si Sinhala
sk Slovak
sl Slovenian
so Somali
es Spanish Download
su Sundanese
sw Swahili
sv Swedish
tg Tajik
ta Tamil
te Telugu
th Thai
tr Turkish
uk Ukrainian
ur Urdu
uz Uzbek
vi Vietnamese
cy Welsh
xh Xhosa
yi Yiddish
yo Yoruba
zu Zulu
or Odia (Oriya)
rw Kinyarwanda
tk Turkmen
tt Tatar
ug Uyghur
Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:01:04,064 --> 00:01:05,967 [♪♪♪] 2 00:01:11,271 --> 00:01:13,641 GABE: So, I'm here. 3 00:01:13,675 --> 00:01:17,144 And I do not see anything happening. 4 00:01:17,177 --> 00:01:18,412 MAN [OVER SPEAKERPHONE]: Right. Right. 5 00:01:18,445 --> 00:01:19,614 GABE: At all. 6 00:01:19,647 --> 00:01:20,815 MAN: Look, I'm very sorry, sir. 7 00:01:20,848 --> 00:01:22,584 Guess what I'm trying to understand is 8 00:01:22,617 --> 00:01:24,619 What is the reason for this delay exactly? Yeah. 9 00:01:24,652 --> 00:01:26,253 Specifically? Mr. Plotkin, I'm so sorry. 10 00:01:26,286 --> 00:01:28,221 But it's just that when we-we set out... 11 00:01:28,255 --> 00:01:29,757 Yeah, we closed in November. 12 00:01:29,791 --> 00:01:31,059 We had all the permit applications in 13 00:01:31,091 --> 00:01:32,492 before the end of the year. Right. 14 00:01:32,527 --> 00:01:33,928 Once we get the final stamp of approval... 15 00:01:33,962 --> 00:01:35,395 And we can't get the trucks here a little early? 16 00:01:35,429 --> 00:01:36,898 Just, you know, get 'em started? 17 00:01:36,931 --> 00:01:38,231 Miami Beach ordinances won't let me do that. 18 00:01:38,265 --> 00:01:39,567 Is anyone actually enforcing those right now? 19 00:01:39,601 --> 00:01:40,768 Look, Mr. Plotkin, I know that 20 00:01:40,802 --> 00:01:42,235 you're eager to move in. Okay? 21 00:01:42,269 --> 00:01:43,470 Once we get the final stamp of approval... 22 00:01:43,504 --> 00:01:44,906 No. Uh... [LINE BEEPING] 23 00:01:44,939 --> 00:01:46,173 ...you're gonna be the first... One second. 24 00:01:46,206 --> 00:01:47,809 Sure. Hello. 25 00:01:47,842 --> 00:01:49,844 NEWSWOMAN [OVER TV]: And so who's feeling the pain? 26 00:01:49,877 --> 00:01:51,144 [GROANING] 27 00:01:51,178 --> 00:01:52,680 You see what's going on at GME? 28 00:01:52,714 --> 00:01:54,015 GABE: There's more of these idiots? 29 00:01:54,048 --> 00:01:55,683 [OVER TV]: The short sellers, 30 00:01:55,717 --> 00:01:57,685 now they're getting creamed by the little guy... 31 00:01:57,719 --> 00:01:58,987 A lot more. 32 00:01:59,020 --> 00:02:00,420 GABE: They won't hold much longer. 33 00:02:00,454 --> 00:02:02,322 Go away. 34 00:02:02,356 --> 00:02:05,593 Oh, Gabe, honey, they're holding. 35 00:02:05,627 --> 00:02:07,962 It just crossed a hundred. 36 00:02:07,996 --> 00:02:11,331 Gabe, where are you? [WHISPERS] Fuck. 37 00:02:11,365 --> 00:02:14,434 You should probably dial in. Yeah, be on in one sec. 38 00:02:14,468 --> 00:02:17,005 ♪ Whores in this house, there's some whores in this house ♪ 39 00:02:17,038 --> 00:02:18,673 ♪ There's some whores in this house ♪ 40 00:02:18,706 --> 00:02:21,109 ♪ I said, certified freak ♪ ♪ Hol' up ♪ 41 00:02:21,141 --> 00:02:23,011 ♪ Seven days a week ♪ 42 00:02:23,044 --> 00:02:26,881 ♪ Wet-ass pussy, make that pullout game weak, whoo ♪ 43 00:02:26,914 --> 00:02:29,117 ♪ Yeah, yeah ♪ 44 00:02:29,149 --> 00:02:31,485 ♪ Yeah, you fucking with some wet-ass pussy... ♪ 45 00:02:31,519 --> 00:02:33,021 I will tell you, I've never seen anything like it. 46 00:02:33,054 --> 00:02:35,056 I'm concerned about it. 47 00:02:35,089 --> 00:02:36,524 I'm calling it the ultimate short squeeze. 48 00:02:36,557 --> 00:02:38,826 You can lose money to infinity. 49 00:02:38,860 --> 00:02:40,628 It's a very different, 50 00:02:40,662 --> 00:02:42,362 more highly leveraged game on the other side. 51 00:02:42,396 --> 00:02:43,898 ♪ Put this pussy right in your face... ♪ 52 00:02:43,931 --> 00:02:44,866 Holy fucking shit. 53 00:02:46,333 --> 00:02:47,635 Right now we're gonna talk about GameStop. 54 00:02:47,669 --> 00:02:49,169 Those shares 55 00:02:49,202 --> 00:02:50,738 are nonstop earning of about... Holy fucking shit. 56 00:02:50,772 --> 00:02:52,073 ...130% today, 57 00:02:52,106 --> 00:02:53,808 as bullish retail traders... Holy shit! 58 00:02:53,841 --> 00:02:55,043 What the fuck?! 59 00:02:55,076 --> 00:02:57,045 [COUGHING] 60 00:02:57,078 --> 00:02:59,246 ♪ I want you to park that big Mack truck... ♪ 61 00:02:59,279 --> 00:03:00,715 Holy shit. [SONG STOPS] 62 00:03:00,748 --> 00:03:02,550 Yes? Hello? MAN: Great news, Mr. Plotkin. 63 00:03:02,583 --> 00:03:04,317 I think we'll be able to get you into your new home 64 00:03:04,351 --> 00:03:06,253 a little sooner than I actually thought. 65 00:03:06,286 --> 00:03:07,989 I think we're having some sort of miscommunication here 66 00:03:08,022 --> 00:03:09,691 because I'm not trying to move into that house. 67 00:03:09,724 --> 00:03:11,526 I'm trying to tear that house down so I can build 68 00:03:11,559 --> 00:03:13,226 a tennis court for me and my family to play 69 00:03:13,260 --> 00:03:14,428 during the pandemic. I see. 70 00:03:14,461 --> 00:03:16,030 I thought it would be very simple. 71 00:03:16,064 --> 00:03:17,932 Apparently, it isn't because the pandemic is almost over 72 00:03:17,965 --> 00:03:19,399 and there's no tennis court. Okay, Mr. Plotkin... 73 00:03:19,433 --> 00:03:20,868 Thank you for your time. [LINE BEEPING] 74 00:03:20,902 --> 00:03:22,837 Yes? What? Hello? 75 00:03:22,870 --> 00:03:25,439 Hi. It's Ken Griffin. 76 00:03:30,578 --> 00:03:34,515 Hi there, Ken. How are you? Great to hear from you. 77 00:03:34,549 --> 00:03:35,683 Do you have a minute? 78 00:03:35,717 --> 00:03:37,618 [LINE BEEPING] 79 00:03:37,652 --> 00:03:40,287 I, uh... um... 80 00:03:40,320 --> 00:03:42,824 I got to call you right back, if that's okay. I'm so sorry. 81 00:03:44,058 --> 00:03:45,325 Sure. Okay, great. 82 00:03:46,493 --> 00:03:48,863 Hi. What's happening right now? 83 00:03:48,896 --> 00:03:50,798 It looks like there's one guy driving all the buying. 84 00:03:50,832 --> 00:03:52,399 What-what-what guy? 85 00:03:52,432 --> 00:03:54,367 ♪ Ah ♪ ♪ Whores in this house... ♪ 86 00:03:54,401 --> 00:03:56,904 STEVE [VOICE-OVER]: I believe his name is "Roaring Kitty." 87 00:03:56,938 --> 00:03:59,807 ♪ Yeah, you fucking with some wet-ass pussy... ♪ 88 00:03:59,841 --> 00:04:01,142 Oh, wait. Or... 89 00:04:01,175 --> 00:04:02,944 [WATCH BEEPS] 90 00:04:02,977 --> 00:04:04,879 "DeepFuckingValue." 91 00:04:04,912 --> 00:04:06,914 GABE: "Roaring Kitty" or "DeepFuckingValue"? 92 00:04:06,948 --> 00:04:08,381 What? [WATCH BEEPS] 93 00:04:08,415 --> 00:04:09,884 He's "Roaring Kitty" on YouTube 94 00:04:09,917 --> 00:04:11,586 and "DeepFuckingValue" on Reddit. 95 00:04:11,619 --> 00:04:13,988 Both? He couldn't pick one name? 96 00:04:14,021 --> 00:04:15,890 STEVE: I don't know. I love this guy. 97 00:04:15,923 --> 00:04:17,625 ♪ That's some wet-ass pussy ♪ 98 00:04:17,658 --> 00:04:19,459 ♪ Macaroni in a pot ♪ 99 00:04:19,493 --> 00:04:21,428 ♪ That's some wet-ass pussy, huh ♪ 100 00:04:21,461 --> 00:04:23,296 ♪ There some whores in this house... ♪ 101 00:04:23,330 --> 00:04:24,599 Who is this schmuck? 102 00:04:24,632 --> 00:04:26,299 I don't know, but I think I just came. 103 00:04:26,333 --> 00:04:28,268 ♪ Ah. ♪ [CASH REGISTER DINGS] 104 00:04:45,219 --> 00:04:46,854 [♪♪♪] 105 00:04:51,826 --> 00:04:54,128 MAN [OVER P.A.]: Approaching Downtown Crossing. 106 00:04:54,162 --> 00:04:55,997 Doors will open on the right. 107 00:04:56,030 --> 00:04:59,332 Change here for the Red Line, Green Line, SL5 108 00:04:59,366 --> 00:05:02,036 and bus connections. 109 00:05:02,069 --> 00:05:05,606 Next and last stop, Downtown Crossing. 110 00:05:05,640 --> 00:05:08,075 [♪♪♪] 111 00:05:32,033 --> 00:05:34,302 Uh, Ruby. Ruby, right? Yeah. 112 00:05:34,334 --> 00:05:35,837 Can I get a couple of Heinies, please? Uh, one. 113 00:05:35,870 --> 00:05:37,905 Sorry, uh... What? 114 00:05:37,939 --> 00:05:39,406 I'm gonna have a... What's wrong with a Heinie? 115 00:05:39,439 --> 00:05:40,842 Drinking it since we were 17. 116 00:05:40,875 --> 00:05:43,578 Hey, drink what you like. No judgment. 117 00:05:43,611 --> 00:05:45,980 Uh, you have a Hamm's? I'll have one of those. 118 00:05:46,013 --> 00:05:47,882 The fuck did you just order? 119 00:05:47,915 --> 00:05:50,051 Oh, it's a nice one, out of Milwaukee. 120 00:05:50,084 --> 00:05:51,586 Good quality. 50 cents a can before markup. 121 00:05:51,619 --> 00:05:53,020 Come on, Kitty. Forget about price. 122 00:05:53,054 --> 00:05:55,388 Get him a Heineken. Thank you. It's on me. 123 00:05:55,422 --> 00:05:57,692 Thanks, man. Thank you. That's nice. 124 00:05:57,725 --> 00:05:59,060 I'll have a Hamm's. 125 00:05:59,093 --> 00:06:01,829 So a Heineken and a Hamm's? Thank you. 126 00:06:01,863 --> 00:06:04,232 Please. Thank you, Ruby. 127 00:06:09,804 --> 00:06:11,005 How you been, man? 128 00:06:11,038 --> 00:06:13,107 The whole Sara thing? 129 00:06:13,140 --> 00:06:14,942 Oh, yeah. Okay. 130 00:06:14,976 --> 00:06:17,778 Uh... up and down. 131 00:06:17,812 --> 00:06:19,379 Yeah. 132 00:06:20,915 --> 00:06:22,950 How's your asshole brother? Still an asshole. 133 00:06:22,984 --> 00:06:24,886 Okay. [CHUCKLES] Yeah. 134 00:06:24,919 --> 00:06:26,087 Keep busy at least? 135 00:06:26,120 --> 00:06:28,522 Uh, got the day job at MassMutual. 136 00:06:28,556 --> 00:06:30,625 Working on my portfolio. That's the last thing 137 00:06:30,658 --> 00:06:32,727 you should be worrying about right now. 138 00:06:32,760 --> 00:06:34,295 Why? It's a... it's a good distraction. 139 00:06:34,328 --> 00:06:35,863 Let me take that over for you. 140 00:06:35,897 --> 00:06:37,732 We got thousands of analysts at B of A 141 00:06:37,765 --> 00:06:38,933 that do just this. All good, man. 142 00:06:38,966 --> 00:06:40,368 Thank you. Come on, Kitty. 143 00:06:40,400 --> 00:06:41,802 You should be focused on your family right now, 144 00:06:41,836 --> 00:06:43,237 not fucking around with penny stocks. 145 00:06:43,271 --> 00:06:44,272 They're not all penny stocks. 146 00:06:44,305 --> 00:06:45,873 GameStop isn't a penny stock. 147 00:06:45,907 --> 00:06:47,942 [CHUCKLES] GameStop? Dude. 148 00:06:47,975 --> 00:06:50,945 You used to love GameStop. Yeah, then I grew up. 149 00:06:50,978 --> 00:06:52,647 Well, I think it's undervalued. [SCOFFS] 150 00:06:52,680 --> 00:06:54,649 I just sold off a bunch of other shit to double down. 151 00:06:54,682 --> 00:06:56,617 How much are we talking? A grand? 152 00:06:56,651 --> 00:06:57,752 Fifty. Bucks? 153 00:06:57,785 --> 00:06:59,987 Grand. 53 grand. 154 00:07:00,021 --> 00:07:01,822 [LAUGHS] Yeah. 155 00:07:05,960 --> 00:07:07,028 Kitty. 156 00:07:08,829 --> 00:07:10,264 Man, you don't even own a house. 157 00:07:10,298 --> 00:07:11,666 It's got a ton of short interest, 158 00:07:11,699 --> 00:07:13,134 which is artificially... You got a one-year-old. 159 00:07:13,167 --> 00:07:14,335 ...pushing the price down. Jesus, bro. 160 00:07:14,368 --> 00:07:15,670 You never bet against Wall Street. 161 00:07:15,703 --> 00:07:17,271 Wall Street gets it wrong all the time. 162 00:07:17,305 --> 00:07:18,940 Look at '08. That was a one-off, Kitty. 163 00:07:18,973 --> 00:07:20,775 These guys, they have all the money 164 00:07:20,808 --> 00:07:22,576 and the fancy degrees and the political juice in the world, 165 00:07:22,610 --> 00:07:23,644 and they get it wrong all the time. 166 00:07:23,678 --> 00:07:24,645 Are you out of your fucking mind? 167 00:07:24,679 --> 00:07:25,846 They got the advantage, 168 00:07:25,880 --> 00:07:27,715 and they still get it wrong. [STAMMERS] 169 00:07:28,849 --> 00:07:30,017 No, give me that. 170 00:07:30,051 --> 00:07:31,619 I'm drinking it, even if it's 50 cents. 171 00:07:31,652 --> 00:07:32,987 It's four bucks. 172 00:07:33,020 --> 00:07:34,755 Well, my man just spent 53K on a penny stock, 173 00:07:34,789 --> 00:07:36,290 so all he can afford is water. 174 00:07:36,324 --> 00:07:39,160 You're a Wall Street guy? Very much no. 175 00:07:39,193 --> 00:07:41,494 I'm a Wall Street guy. What was the stock? 176 00:07:43,364 --> 00:07:44,464 GameStop. 177 00:07:45,866 --> 00:07:47,201 The video game store at the mall. 178 00:07:47,234 --> 00:07:49,337 You really bought $53,000 of it? 179 00:07:49,370 --> 00:07:51,305 Yeah, I don't believe it. I think he's fucking with us. 180 00:07:51,339 --> 00:07:53,007 You're fucking with us, right? 181 00:07:53,040 --> 00:07:54,809 You don't even have 50 grand. 182 00:07:54,842 --> 00:07:56,243 Let's see. 183 00:07:58,245 --> 00:07:59,347 RUBY: Oh, shit. 184 00:08:01,148 --> 00:08:03,451 How is she falling for this? How are you falling for this? 185 00:08:03,483 --> 00:08:05,820 He won't spend five bucks for a beer, 186 00:08:05,853 --> 00:08:09,290 but he'll put 50k in a stock that you think is a joke. 187 00:08:09,323 --> 00:08:11,559 And that's interesting to you? 188 00:08:11,592 --> 00:08:12,660 Yeah. 189 00:08:13,861 --> 00:08:15,096 It is. 190 00:08:19,400 --> 00:08:20,368 [BRIGGSY SCOFFS] 191 00:08:20,401 --> 00:08:21,869 Drink your shitty beer. 192 00:08:26,674 --> 00:08:28,576 [♪♪♪] 193 00:08:30,444 --> 00:08:32,079 [DOOR OPENS, CLOSES] 194 00:08:32,113 --> 00:08:34,048 KEITH: Hey. CAROLINE: Hey. 195 00:08:36,584 --> 00:08:38,185 Bedtime's already done? 196 00:08:38,219 --> 00:08:40,021 Yeah, she was exhausted. 197 00:08:40,054 --> 00:08:41,589 She skipped her nap. 198 00:08:43,290 --> 00:08:44,425 How was Briggsy? 199 00:08:44,458 --> 00:08:46,227 Uh, good. Yeah. 200 00:08:49,864 --> 00:08:51,599 [WATER RUNNING] 201 00:08:54,268 --> 00:08:56,070 You guys talk about Sara? 202 00:08:58,305 --> 00:08:59,640 KEITH: Uh... 203 00:09:02,777 --> 00:09:04,445 You want to sit down a minute? 204 00:09:04,478 --> 00:09:06,580 I'll feel better if I finish these first. 205 00:09:07,648 --> 00:09:09,750 No, you won't. 206 00:09:35,242 --> 00:09:37,478 Do you think I'm insane? Yeah. 207 00:09:38,846 --> 00:09:41,615 Sorry. About what? 208 00:09:41,649 --> 00:09:43,317 GameStop. 209 00:09:43,350 --> 00:09:45,486 The most compelling asymmetric opportunity in the market? 210 00:09:47,655 --> 00:09:50,057 What? Did Briggsy make you jumpy? A little. 211 00:09:50,091 --> 00:09:52,126 What was his argument? He didn't have one. 212 00:09:52,159 --> 00:09:54,728 Well... He just said it was a reckless bet. 213 00:09:54,762 --> 00:09:56,797 He said, "You're putting your money in the next Blockbuster." 214 00:09:56,831 --> 00:09:58,299 Enough. Fuck Briggsy. 215 00:09:58,332 --> 00:10:00,167 Babe, you literally know more about this damn company 216 00:10:00,201 --> 00:10:01,769 than you know about me. 217 00:10:01,802 --> 00:10:03,237 It's true. 218 00:10:03,270 --> 00:10:05,106 And because of you, I know more about this company 219 00:10:05,139 --> 00:10:06,407 than I know about myself. 220 00:10:06,440 --> 00:10:07,775 But what if I'm missing something? 221 00:10:07,808 --> 00:10:09,477 We can't afford to miss something. 222 00:10:10,845 --> 00:10:13,280 It's all our savings. 223 00:10:13,314 --> 00:10:14,448 Go do a video. 224 00:10:15,883 --> 00:10:17,651 I can finish these first. I'm happy to... 225 00:10:17,685 --> 00:10:19,653 Go see what the nerds have to say. 226 00:10:19,687 --> 00:10:21,956 Uh, WallStreetBets people aren't nerds. 227 00:10:21,989 --> 00:10:23,424 Caroline, they're gangsters. 228 00:10:23,457 --> 00:10:25,159 You make a dumb case and post it, 229 00:10:25,192 --> 00:10:27,995 they'll rip you apart. Well, then don't make a dumb case. 230 00:10:29,797 --> 00:10:30,865 [LIGHT SWITCH CLICKS] 231 00:10:32,500 --> 00:10:34,401 [♪♪♪] 232 00:10:41,642 --> 00:10:43,244 [COMPUTER WHIRRING] 233 00:10:46,480 --> 00:10:49,216 Okay, let's see what's new. [MOUSE CLICKING] 234 00:10:50,918 --> 00:10:53,020 Four dollars a share. Okay, here we go. 235 00:10:53,053 --> 00:10:54,321 [CAMERA BEEPS] [GRUNTS] 236 00:10:56,390 --> 00:10:57,324 Oh, shit. 237 00:10:59,059 --> 00:11:00,995 [♪♪♪] 238 00:11:19,680 --> 00:11:22,383 [WHISPERING] All right, let me get that. 239 00:11:22,416 --> 00:11:24,151 Let's just check on... 240 00:11:24,185 --> 00:11:25,786 Let me see here. 241 00:11:35,696 --> 00:11:38,365 Yo, what up, everybody? Roaring Kitty here. 242 00:11:38,399 --> 00:11:39,767 Uh, I've done a few of these now, 243 00:11:39,800 --> 00:11:41,570 mostly on my investing methodology. 244 00:11:41,603 --> 00:11:44,405 Uh, but today I'm gonna try something a little different. 245 00:11:44,438 --> 00:11:46,675 I appreciate the feedback you guys have been leaving me, 246 00:11:46,707 --> 00:11:47,875 by the way. 247 00:11:47,908 --> 00:11:49,443 Uh... Oh. 248 00:11:49,476 --> 00:11:51,546 More feedback coming in hot. 249 00:11:51,580 --> 00:11:53,080 "Less cats." 250 00:11:53,113 --> 00:11:54,415 Okay. 251 00:11:54,448 --> 00:11:55,684 Great. 252 00:11:55,716 --> 00:11:57,586 [LAUGHS] Uh, uh, like I was saying... 253 00:11:57,619 --> 00:11:59,920 Uh, what was I saying? Uh, I'm gonna try... 254 00:11:59,954 --> 00:12:02,189 Oh, and here's one from Ballz. 255 00:12:02,223 --> 00:12:03,724 "Nerd"? 256 00:12:03,757 --> 00:12:05,627 And "nerd" is in all capitals. 257 00:12:05,660 --> 00:12:08,095 Like, okay, that's kind of mean. 258 00:12:08,128 --> 00:12:09,698 [CHUCKLES] But, okay, fair. 259 00:12:09,730 --> 00:12:12,933 Uh, "Nice shirt, Grandpa"? 260 00:12:12,967 --> 00:12:15,302 What? How old do you think I am? 261 00:12:15,336 --> 00:12:17,037 [CHUCKLES] You know what? 262 00:12:17,071 --> 00:12:18,573 Thanks for the comments. 263 00:12:18,607 --> 00:12:20,207 Uh, we're gonna come back to them at the end. 264 00:12:20,241 --> 00:12:22,243 Here's what I want to talk about. 265 00:12:22,276 --> 00:12:23,911 Uh, I'm gonna pick a stock 266 00:12:23,944 --> 00:12:25,580 and talk about why I think it's interesting. 267 00:12:25,614 --> 00:12:27,448 And that stock is... 268 00:12:28,916 --> 00:12:30,117 ...GameStop. 269 00:12:30,150 --> 00:12:31,418 [CHUCKLES] Uh... 270 00:12:31,452 --> 00:12:33,153 I know it's a polarizing stock 271 00:12:33,187 --> 00:12:35,322 and some of you are probably gonna tune out of the stream 272 00:12:35,356 --> 00:12:38,225 right now when you hear I'm bullish on GameStop, but I am. 273 00:12:38,259 --> 00:12:40,961 You can see it is now the biggest position by far 274 00:12:40,995 --> 00:12:43,130 in the Roaring Kitty portfolio. 275 00:12:43,163 --> 00:12:44,832 So, yeah, I think everyone else is crazy, 276 00:12:44,865 --> 00:12:47,468 and I think I'm right, but I've been wrong 277 00:12:47,502 --> 00:12:49,738 plenty of times in the past, so... [CHUCKLES] 278 00:12:49,770 --> 00:12:53,240 Uh, so there are a lot of aspects to this bull thesis, 279 00:12:53,274 --> 00:12:55,075 a lot of moving parts, but I boil it down 280 00:12:55,109 --> 00:12:56,777 to what I consider the three overs: 281 00:12:56,810 --> 00:12:59,113 The digital risks seem to me to be overblown, 282 00:12:59,146 --> 00:13:00,615 the negative sentiment is overdone-- 283 00:13:00,649 --> 00:13:02,283 you can see it with the huge short interest-- 284 00:13:02,316 --> 00:13:04,251 and the value is overlooked. 285 00:13:04,285 --> 00:13:06,954 Wall Street just doesn't see it. 286 00:13:06,987 --> 00:13:08,822 Why? 287 00:13:08,856 --> 00:13:11,458 Mr. Market, why? 288 00:13:11,492 --> 00:13:14,928 The hedge funds are overlooking the value in the company 289 00:13:14,962 --> 00:13:17,699 just like they overlook the people who shop there. 290 00:13:17,732 --> 00:13:20,367 They assume most people download games online now. 291 00:13:20,401 --> 00:13:24,706 But, look, 25% of gamers still buy new discs from GameStop, 292 00:13:24,739 --> 00:13:27,776 and 40% buy used games from the store. 293 00:13:27,808 --> 00:13:29,711 And the market's kind of forced my hand here. 294 00:13:29,744 --> 00:13:32,647 What more can I say? I just like the stock. 295 00:13:32,681 --> 00:13:33,782 DONALDSON: Hey! 296 00:13:33,814 --> 00:13:35,883 [GRUNTS] Shit! 297 00:13:35,916 --> 00:13:38,385 Oh, did I wake you? It's okay, Mr. Donaldson. 298 00:13:38,419 --> 00:13:41,388 Mr. Donaldson, I need you in your bed. 299 00:13:41,422 --> 00:13:43,357 Kieran, can you please make sure that Mr. Donaldson... 300 00:13:43,390 --> 00:13:45,727 I don't need to go to bed. I need a cup of coffee. 301 00:13:45,760 --> 00:13:47,294 We can get you a cup of coffee. 302 00:13:47,328 --> 00:13:48,829 Kieran, coffee? 303 00:13:48,862 --> 00:13:49,997 CHRIS: Oh. 304 00:13:50,030 --> 00:13:51,800 Well, isn't that beautiful? 305 00:13:51,832 --> 00:13:53,500 JENNY: Oh, shit. 306 00:13:53,535 --> 00:13:54,902 [CHRIS LAUGHS] 307 00:13:54,935 --> 00:13:58,038 CHRIS: "100% short GameStop stock, 308 00:13:58,072 --> 00:13:59,708 GME"? 309 00:13:59,741 --> 00:14:01,008 It's an investment video. 310 00:14:01,041 --> 00:14:03,712 Hey, Jenny, for real, 311 00:14:03,745 --> 00:14:05,145 I wouldn't take investment advice 312 00:14:05,179 --> 00:14:06,581 from a guy in a cat shirt. 313 00:14:06,614 --> 00:14:09,149 Oh, okay. Who do you take investment advice from? 314 00:14:09,183 --> 00:14:11,686 I don't have investments. Mm-hmm. 315 00:14:11,720 --> 00:14:13,854 And if I did, I'd listen to, like... 316 00:14:13,887 --> 00:14:15,724 [BREATHES DEEPLY] a banker. 317 00:14:15,757 --> 00:14:17,592 Just the way they like it. 318 00:14:17,625 --> 00:14:18,593 "They." 319 00:14:18,626 --> 00:14:19,694 [LAUGHING] 320 00:14:19,728 --> 00:14:21,261 Oh, boy. Here we go. 321 00:14:21,295 --> 00:14:23,230 Just never mind. No, no, no, please tell me. 322 00:14:23,263 --> 00:14:25,567 I'm dying to know what Luke Wilson 323 00:14:25,600 --> 00:14:28,102 from "The Royal Tenenbaums" thinks we should do 324 00:14:28,135 --> 00:14:29,671 with our $68,000 a year. 325 00:14:29,704 --> 00:14:31,939 Who from what? Ugly Björn Borg. 326 00:14:31,972 --> 00:14:34,041 JENNY: Okay, fine. Wall Street 327 00:14:34,074 --> 00:14:36,176 is betting that this company is gonna fail. 328 00:14:36,210 --> 00:14:37,712 It's called shorting. 329 00:14:37,746 --> 00:14:41,215 And if it fails, well, then everybody loses their job, 330 00:14:41,248 --> 00:14:43,884 but these hedge fund assholes make a shit ton of money. 331 00:14:43,917 --> 00:14:45,419 It's bullshit. 332 00:14:45,452 --> 00:14:48,122 It's a bullshit way for rich people to get richer. 333 00:14:48,155 --> 00:14:50,057 [LAUGHS] How did you even find this guy? 334 00:14:50,090 --> 00:14:52,259 70,000 people have watched this video. 335 00:14:52,292 --> 00:14:54,895 He posts his balance sheets and everything. 336 00:14:54,928 --> 00:14:56,765 WallStreetBets is going crazy over this. 337 00:14:56,798 --> 00:14:58,800 Who? It's an Internet forum. 338 00:14:58,833 --> 00:15:00,535 Uh-huh. 339 00:15:00,568 --> 00:15:02,035 On Reddit. Oh, see. No, no, no. 340 00:15:02,069 --> 00:15:03,370 I'm not gonna do this with you. 341 00:15:03,404 --> 00:15:04,706 The last time you brought up Reddit, 342 00:15:04,739 --> 00:15:05,906 it was just all these oil paintings 343 00:15:05,939 --> 00:15:07,141 of Donald Trump on horseback. 344 00:15:07,174 --> 00:15:08,942 You liked it. Detestable. 345 00:15:08,976 --> 00:15:10,411 Look. Okay, yeah. 346 00:15:10,444 --> 00:15:11,613 Let's-let's take a look. 347 00:15:11,646 --> 00:15:15,650 Um, "Shit's not a pump and dump 348 00:15:15,683 --> 00:15:19,052 if it never dumps, you fuckheads." 349 00:15:19,086 --> 00:15:22,657 "Feed me your tears. I use it as anal lube on your wives." 350 00:15:22,690 --> 00:15:24,291 Okay, but why did you go to that one? 351 00:15:24,324 --> 00:15:25,827 CHRIS: Oh, oh, oh, oh. 352 00:15:25,860 --> 00:15:28,830 "Strap on your theta dildo and start pounding." 353 00:15:28,863 --> 00:15:30,632 Okay. Yes. [LAUGHING] 354 00:15:30,665 --> 00:15:31,965 That shit exists on here. 355 00:15:31,999 --> 00:15:33,467 But I also learned the difference between 356 00:15:33,500 --> 00:15:35,770 a delta squeeze and a gamma squeeze. 357 00:15:35,804 --> 00:15:37,772 And now everyone's talking about call options. [SIGHS] 358 00:15:37,806 --> 00:15:41,308 Jenny, baby, you're never gonna find a man on there. 359 00:15:41,341 --> 00:15:42,844 [SIGHS] 360 00:15:42,877 --> 00:15:44,978 And you're never gonna date Puff Daddy. 361 00:15:45,012 --> 00:15:47,649 First of all, no one has said "Puff Daddy" since the '90s, 362 00:15:47,682 --> 00:15:50,350 and second of all, this isn't Puff Daddy. 363 00:15:50,384 --> 00:15:51,753 This is Loop Daddy. 364 00:15:51,786 --> 00:15:54,421 JENNY: Okay, well, whatever Daddy 365 00:15:54,455 --> 00:15:56,356 he's called, he's weird-looking. 366 00:15:56,390 --> 00:15:58,959 Hey, well, my guy has, what, five million TikTok followers? 367 00:15:58,992 --> 00:16:00,961 How many does yours have? I don't know. 368 00:16:00,994 --> 00:16:02,496 Quick scroll. 369 00:16:02,530 --> 00:16:04,666 412. Who cares? 370 00:16:04,699 --> 00:16:06,200 The Internet at large. 371 00:16:06,233 --> 00:16:08,168 But, hey, least I aim high. 372 00:16:08,202 --> 00:16:09,637 I aim high. 373 00:16:09,671 --> 00:16:11,305 [CHRIS LAUGHS] 374 00:16:12,973 --> 00:16:15,877 ["21" BY DARKO PLAYING] 375 00:16:19,881 --> 00:16:22,983 ♪ 21 bands for the age of 21 ♪ 376 00:16:23,016 --> 00:16:26,286 ♪ I'm-a flip the funds up, then I cop the Chevy truck ♪ 377 00:16:26,320 --> 00:16:29,824 ♪ Buy her what she want and you know she show me love ♪ 378 00:16:29,858 --> 00:16:32,694 ♪ Then I roll it up, then I roll it up ♪ 379 00:16:32,727 --> 00:16:36,129 ♪ Motherfuckers wanna hate me and shame me ♪ 380 00:16:36,163 --> 00:16:39,333 ♪ Motherfuckers wanna drain me, Cobain me ♪ 381 00:16:39,366 --> 00:16:42,637 ♪ All these bitches trying to chain me and blame me ♪ 382 00:16:42,670 --> 00:16:46,373 ♪ Motherfuckers wanna change me and hate me... ♪ 383 00:16:46,406 --> 00:16:48,676 KEITH [VOICE-OVER]: What up, everybody? Roaring Kitty here. 384 00:16:48,710 --> 00:16:50,410 Yo, yo, yo! 385 00:16:50,444 --> 00:16:53,915 This price action, it's getting kind of ridiculous. Am I right? 386 00:16:53,948 --> 00:16:55,182 Let's see what happens. 387 00:16:55,215 --> 00:16:56,684 See what happens at the end of the week, 388 00:16:56,718 --> 00:16:58,485 but it's all about the trend staying intact. 389 00:16:58,520 --> 00:17:00,688 But this, this looks sick. 390 00:17:00,722 --> 00:17:01,923 [SUITCASE WHEELS ROLLING] 391 00:17:03,958 --> 00:17:05,560 Morning, Marcos. 392 00:17:05,593 --> 00:17:08,262 Shit. Yo, what's-- Hey, Brad. 393 00:17:15,269 --> 00:17:17,539 Yo, um, I was wondering 394 00:17:17,572 --> 00:17:20,073 if I could get an advance on my pay. 395 00:17:20,107 --> 00:17:21,676 I can run it up the chain, 396 00:17:21,709 --> 00:17:23,545 but with all the cutbacks, that's unlikely. 397 00:17:25,279 --> 00:17:27,447 Oh, hey, you could do the employee TikTok contest. 398 00:17:27,481 --> 00:17:29,918 You do a lip sync, you win ten labor hours. 399 00:17:29,951 --> 00:17:31,553 Yeah, man, totally. 400 00:17:32,386 --> 00:17:33,721 That's dope. 401 00:17:33,755 --> 00:17:35,623 I was thinking "Savage." 402 00:17:36,724 --> 00:17:38,626 Yeah. Yeah, sure. I love it. 403 00:17:38,660 --> 00:17:40,995 Or, yo, the Drake one with Lil Durk. 404 00:17:42,664 --> 00:17:44,431 That's-that's a great one, too. 405 00:17:44,464 --> 00:17:45,733 Because I know you love Lil Durk. 406 00:17:45,767 --> 00:17:47,267 Come on. [LAUGHS] 407 00:17:47,301 --> 00:17:48,770 No, I'm-a do Megan Thee Stallion, 408 00:17:48,803 --> 00:17:49,771 for sure, for sure, for sure. 409 00:17:49,804 --> 00:17:51,371 ♪ I'm a savage ♪ 410 00:17:51,405 --> 00:17:53,875 ♪ Classy, bougie, ratchet ♪ 411 00:17:53,908 --> 00:17:56,578 ♪ Sassy, moody, nasty... ♪ 412 00:17:56,611 --> 00:17:57,979 Okay, mask. Mask. 413 00:17:59,747 --> 00:18:01,381 Sorry. 414 00:18:01,415 --> 00:18:03,718 ♪ Acting stupid, what's happening? ♪ 415 00:18:03,751 --> 00:18:06,219 ♪ What's happening? I'm a savage. ♪ 416 00:18:06,253 --> 00:18:07,622 Wow. A-plus, man. You're a... 417 00:18:07,655 --> 00:18:09,423 you're a shoo-in with moves like that. 418 00:18:09,456 --> 00:18:11,793 Yo, you think so for real, though? 419 00:18:11,826 --> 00:18:13,493 That's sweet, bro. 420 00:18:14,829 --> 00:18:16,931 Ten labor hours. 421 00:18:16,965 --> 00:18:18,298 Damn, it's like Christmas came early. 422 00:18:19,634 --> 00:18:20,902 I'm pulling for you. 423 00:18:20,935 --> 00:18:22,937 Thanks, man. 424 00:18:22,971 --> 00:18:25,138 ["SAVAGE" BY YODIE SUMMERS PLAYING] 425 00:18:25,172 --> 00:18:28,776 ♪ I'm that bitch Ay ♪ 426 00:18:28,810 --> 00:18:31,913 ♪ I'm the hood Mona Lisa, break a nigga into pieces ♪ 427 00:18:31,946 --> 00:18:34,849 ♪ Had to "X" them cheesy niggas out my circle like a pizza ♪ 428 00:18:34,882 --> 00:18:37,184 ♪ I'm way too exclusive, I don't shop on Insta boutiques ♪ 429 00:18:37,217 --> 00:18:38,753 ♪ All them little-ass clothes ♪ 430 00:18:38,786 --> 00:18:40,487 [RAPPING ALONG] ♪ Only fit on fake booties ♪ 431 00:18:40,521 --> 00:18:41,990 ♪ Bad bitch... ♪ ♪ Talking cash shit ♪ 432 00:18:42,023 --> 00:18:43,524 ♪ Pussy like water... ♪ 433 00:18:43,558 --> 00:18:46,761 [MURMURING] Mmm. Mmm-mmm. Fries. 434 00:18:46,794 --> 00:18:49,631 [MURMURING INDISTINCTLY WITH MOUTH FULL] 435 00:18:51,164 --> 00:18:53,300 [SLURPING, HUMMING] 436 00:18:54,535 --> 00:18:56,504 No, fuck! 437 00:18:56,537 --> 00:18:57,939 [TIRES SQUEALING] 438 00:18:57,972 --> 00:18:59,040 God! 439 00:18:59,073 --> 00:19:01,109 Goddamn it! Fuck! 440 00:19:01,141 --> 00:19:04,045 But first, cheers. Cheers, everybody. 441 00:19:04,078 --> 00:19:05,880 I mean, look, I know we still got 442 00:19:05,913 --> 00:19:07,481 a lot of bear takes out there, 443 00:19:07,515 --> 00:19:09,017 but as I dive deeper and deeper into this thing, 444 00:19:09,050 --> 00:19:10,985 it's looking increasingly compelling to me. 445 00:19:11,019 --> 00:19:12,620 And then you got the huge short interest. 446 00:19:12,654 --> 00:19:14,154 Now, I'm not betting on a short squeeze, all right? 447 00:19:14,187 --> 00:19:15,489 I've been saying that the whole time. 448 00:19:15,523 --> 00:19:17,025 You guys have been talking about it. 449 00:19:17,058 --> 00:19:18,526 Thesis grounded in the fundamentals, but I'm not-- 450 00:19:18,559 --> 00:19:19,961 But to-- I mean, today, I mean, I'm... 451 00:19:19,994 --> 00:19:21,461 I'm starting to feel a little squeezy, right? 452 00:19:21,495 --> 00:19:23,031 Starting to feel a little squeezy. Honk. 453 00:19:23,064 --> 00:19:25,298 I mean, hello. Okay. All right, all right. 454 00:19:25,332 --> 00:19:26,601 I need a drink. I need a drink. 455 00:19:28,536 --> 00:19:32,540 Now, a lot of you are accusing me of talking a big game. 456 00:19:32,573 --> 00:19:33,808 CAROLINE [UPSTAIRS]: Keith? But... 457 00:19:33,841 --> 00:19:35,409 Babe, where are you? [SIGHS] Oh. 458 00:19:35,442 --> 00:19:37,512 Coming! 459 00:19:37,545 --> 00:19:40,180 Dah. I'm on daddy duty tonight. I'll be right back. 460 00:19:40,213 --> 00:19:41,683 ♪ Stack it, pack it ♪ 461 00:19:41,716 --> 00:19:43,483 ♪ Stack it, pack it, trap it ♪ 462 00:19:43,518 --> 00:19:46,386 ♪ Send it to a rich nigga, tell him work his magic ♪ 463 00:19:46,420 --> 00:19:48,022 ♪ Stack it, pack it ♪ 464 00:19:48,056 --> 00:19:49,857 ♪ Stack it, pack it, trap it ♪ 465 00:19:49,891 --> 00:19:53,226 ♪ Send it to a rich nigga, tell him make somethin' happen ♪ 466 00:19:53,260 --> 00:19:54,595 ♪ I ain't slowing down for no clown... ♪ 467 00:19:54,629 --> 00:19:56,531 [DOORBELL RINGS] [DOG BARKING IN DISTANCE] 468 00:19:56,564 --> 00:19:58,331 ♪ I'm the best out ♪ 469 00:19:58,365 --> 00:20:01,069 ♪ Worked on my confidence, got my chest out ♪ 470 00:20:01,102 --> 00:20:03,270 ♪ Poppin' and I'm blessed now ♪ 471 00:20:03,303 --> 00:20:04,706 ♪ They only love you when you down ♪ 472 00:20:04,739 --> 00:20:07,075 ♪ I'm-a stack it, pack it ♪ 473 00:20:07,108 --> 00:20:09,110 ♪ Stack it, pack it, trap it, send it to... ♪ 474 00:20:09,143 --> 00:20:11,612 Okay. There you go. 475 00:20:12,747 --> 00:20:14,347 Ooh! 476 00:20:14,381 --> 00:20:16,249 Sorry. Quick tendie break. 477 00:20:17,384 --> 00:20:18,385 Mmm. 478 00:20:18,418 --> 00:20:19,721 Got to love those tendies. 479 00:20:19,754 --> 00:20:20,988 Sweet, sweet tendies. 480 00:20:21,923 --> 00:20:23,256 Speaking of tendies... 481 00:20:24,625 --> 00:20:25,860 ...look at this. 482 00:20:25,893 --> 00:20:27,394 Look at this chart. 483 00:20:28,663 --> 00:20:31,799 We go from four to six to seven. 484 00:20:31,833 --> 00:20:34,434 Now ten. 485 00:20:34,468 --> 00:20:37,205 Wall Street must be seeing this, right? 486 00:20:37,237 --> 00:20:39,774 Or are we just screaming into the void? 487 00:20:39,807 --> 00:20:43,144 Hello, Mr. Market. We got tendies, too. 488 00:20:43,177 --> 00:20:45,445 We got tendies, too. 489 00:20:46,781 --> 00:20:48,315 Maybe we are. 490 00:20:48,348 --> 00:20:51,384 They never saw the like nine billion résumés I sent 491 00:20:51,418 --> 00:20:53,788 from 2016 to 2019. 492 00:20:53,821 --> 00:20:56,256 Or in 2009, right after I graduated college. 493 00:20:56,289 --> 00:20:57,491 I guess they were busy 494 00:20:57,525 --> 00:20:59,761 with that whole market crash thing then. 495 00:21:02,930 --> 00:21:05,099 [VEHICLE APPROACHING] [RAP MUSIC PLAYING OUTSIDE] 496 00:21:05,133 --> 00:21:06,500 Fuck. 497 00:21:06,534 --> 00:21:08,335 [ENGINE SHUTS OFF] [MUSIC STOPS] 498 00:21:08,368 --> 00:21:10,303 [DOOR ALARM DINGING] 499 00:21:15,475 --> 00:21:16,944 Kevin, you son of a bitch. 500 00:21:16,978 --> 00:21:18,813 You can't run with a baby. You can't run with a baby! 501 00:21:18,846 --> 00:21:21,949 Don't take my car, man! I fucked up your seat! 502 00:21:21,983 --> 00:21:24,252 There's no gas left! 503 00:21:24,284 --> 00:21:25,586 [BABY CRYING] 504 00:21:25,620 --> 00:21:27,822 I know. 505 00:21:27,855 --> 00:21:29,524 You're in the zone, too. 506 00:21:29,557 --> 00:21:31,491 [LIVELY CHATTER] [POP MUSIC PLAYING] 507 00:21:37,031 --> 00:21:38,566 How did that taste? 508 00:21:40,835 --> 00:21:42,937 Hey. Hey, yo. Can I put my pants back on? 509 00:21:42,970 --> 00:21:44,138 ALL: No! 510 00:21:44,172 --> 00:21:46,040 "Choose a player and put your hand 511 00:21:46,073 --> 00:21:49,544 down their panties for a whole minute." 512 00:21:49,577 --> 00:21:51,112 Panties? Who's got panties? 513 00:21:51,145 --> 00:21:53,948 [LAUGHS] "Two shots if they refuse." 514 00:21:53,981 --> 00:21:56,050 I mean, I got some panties. [OTHERS MURMURING] 515 00:21:56,083 --> 00:21:58,085 MAN: Bro. [CHUCKLES] 516 00:22:00,855 --> 00:22:03,057 MAN: Hello. WOMAN: All right. 517 00:22:04,192 --> 00:22:05,293 All right. Hey, girl. 518 00:22:05,325 --> 00:22:07,295 You said two shots, right? 519 00:22:07,327 --> 00:22:09,030 Oh, come on. Come on. 520 00:22:09,063 --> 00:22:10,565 [LAUGHTER] 521 00:22:10,598 --> 00:22:11,966 Fuck, I'll do it. 522 00:22:11,999 --> 00:22:13,500 HARMONY: Can someone start the timer? 523 00:22:13,534 --> 00:22:15,303 I got you. I got you. Should I just...? 524 00:22:15,335 --> 00:22:17,205 Get in there. Okay. 525 00:22:17,238 --> 00:22:18,573 You sure? Yeah. 526 00:22:18,606 --> 00:22:20,541 [OTHERS OOHING, WHOOPING] 527 00:22:22,043 --> 00:22:24,011 [LAUGHS] Okay. 528 00:22:24,045 --> 00:22:26,047 Hi. Hi. 529 00:22:28,516 --> 00:22:30,685 How are you? [LAUGHTER] 530 00:22:30,718 --> 00:22:32,753 Can you shut the fuck up? 531 00:22:32,787 --> 00:22:34,555 Fuck off! [LAUGHTER] 532 00:22:34,589 --> 00:22:36,524 So what'd you do today? 533 00:22:36,557 --> 00:22:40,561 Well, I attended a Zoom seminar, 534 00:22:40,595 --> 00:22:44,532 during which I watched two hours of TikTok. 535 00:22:45,933 --> 00:22:47,268 [HARMONY CHUCKLES] 536 00:22:47,301 --> 00:22:50,504 Oh, I, um, purchased three shares of stock. 537 00:22:50,538 --> 00:22:52,907 Okay, what stock? 538 00:22:52,940 --> 00:22:55,676 GameStop. Yo, Roaring Kitty! 539 00:22:55,710 --> 00:22:57,111 Come on. Yes, James. I love that guy. 540 00:22:57,144 --> 00:22:58,411 [LAUGHTER] 541 00:22:58,445 --> 00:22:59,847 Can I please put some pants back on? 542 00:22:59,881 --> 00:23:01,414 ALL: No! Sit down. 543 00:23:01,448 --> 00:23:02,884 MAN [OVER PHONE]: I'm three days into that shit. 544 00:23:02,917 --> 00:23:04,552 Look, that's just-- that's only from today. 545 00:23:04,585 --> 00:23:05,786 I don't care. 546 00:23:05,820 --> 00:23:07,555 I don't know what the fuck I'm doing. 547 00:23:07,588 --> 00:23:09,757 I just know I'm making money. I'm not sold on that. 548 00:23:09,790 --> 00:23:11,559 It's doubled since summer. 549 00:23:11,592 --> 00:23:14,028 And the more people who buy in, the higher it'll go. 550 00:23:14,061 --> 00:23:16,564 That sounds like the literal definition of a pyramid scheme. 551 00:23:16,597 --> 00:23:17,965 That's time. 552 00:23:17,999 --> 00:23:19,967 MAN: Bravo. [OTHERS CHEERING] 553 00:23:20,001 --> 00:23:23,271 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 554 00:23:23,304 --> 00:23:25,539 ♪ Ooh, you make me wanna ♪ 555 00:23:25,573 --> 00:23:28,075 [PURRING IN SONG] 556 00:23:28,109 --> 00:23:31,444 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 557 00:23:31,478 --> 00:23:33,814 ♪ Ooh, you make me wanna ♪ 558 00:23:33,848 --> 00:23:35,383 [PURRING IN SONG] 559 00:23:35,415 --> 00:23:37,985 ♪ Ooh, you make me wanna... ♪ 560 00:23:38,019 --> 00:23:39,620 [SNIFFS, SIGHS] [MUSIC CONTINUES IN DISTANCE] 561 00:23:39,654 --> 00:23:40,788 [SNIFFS] 562 00:23:42,356 --> 00:23:44,558 Sorry, I have terrible allergies. [CHUCKLES] 563 00:23:44,592 --> 00:23:46,160 And a killer headache. 564 00:23:46,193 --> 00:23:48,428 Could just be the music coming from next door, though. 565 00:23:48,461 --> 00:23:52,266 You see your buddy Ken's up to 57 billion in short positions? 566 00:23:52,300 --> 00:23:54,268 Yeah, smart. The economy's in free fall. 567 00:23:54,302 --> 00:23:56,771 Mmm. [SNORTS] 568 00:23:56,804 --> 00:24:00,841 [CHUCKLES] I honestly can't tell if that was you or Romeo. 569 00:24:00,875 --> 00:24:02,677 Very funny. 570 00:24:02,710 --> 00:24:05,579 I'm telling you, this is when they drag out the guillotines. 571 00:24:05,613 --> 00:24:08,282 You're obsessed with him. The man is an asshole. 572 00:24:08,316 --> 00:24:10,818 He stole five analysts from me. 573 00:24:10,851 --> 00:24:12,687 All mediocre, by the way. 574 00:24:12,720 --> 00:24:14,322 Oh, and two paintings. 575 00:24:14,355 --> 00:24:16,757 GABE: What paintings? A Picasso and a de Kooning. 576 00:24:16,791 --> 00:24:18,125 He overpaid: $500 million. 577 00:24:18,159 --> 00:24:20,962 That is my entire nut from last year. 578 00:24:20,995 --> 00:24:22,763 The man is an asshole. Just admit it. 579 00:24:22,797 --> 00:24:24,699 You're just bitter he stole those analysts. 580 00:24:24,732 --> 00:24:26,600 You seen Citadel's projected revenue? 581 00:24:26,634 --> 00:24:28,803 Seven billion dollars. 582 00:24:28,836 --> 00:24:31,372 That's, uh, double last year. 583 00:24:31,405 --> 00:24:33,007 STEVE: Hoovering up all the stimulus checks. 584 00:24:33,040 --> 00:24:34,608 Thank you. They go straight 585 00:24:34,642 --> 00:24:37,445 from the retail traders right into Kenny boy's pockets. 586 00:24:37,477 --> 00:24:40,114 The man just gets away with murder. 587 00:24:40,147 --> 00:24:41,515 Look at what I just sent you. 588 00:24:49,357 --> 00:24:51,726 Is this a video of a man drinking his own urine 589 00:24:51,759 --> 00:24:53,027 because a stock went up? 590 00:24:53,060 --> 00:24:54,528 Number one post on the site. 591 00:24:54,562 --> 00:24:55,963 GABE [CHUCKLES]: Where did you get this? 592 00:24:55,997 --> 00:24:57,698 STEVE: My analysts sent it to me. 593 00:24:57,732 --> 00:25:01,535 GABE: They call themselves apes and R-words? 594 00:25:01,569 --> 00:25:02,870 "Retard." C-Can they say that? 595 00:25:02,903 --> 00:25:04,472 Remarkably self-aware. 596 00:25:04,505 --> 00:25:07,141 They've hooked into GameStop for whatever reason. 597 00:25:07,174 --> 00:25:08,809 They think it's funny, it seems. [LAUGHS] 598 00:25:08,843 --> 00:25:10,378 I think it's funny. 599 00:25:10,411 --> 00:25:11,846 I think they think it's a good investment. 600 00:25:11,879 --> 00:25:14,081 Retail traders always lose. 601 00:25:16,083 --> 00:25:18,319 We've actually been short GameStop since 2014. 602 00:25:18,352 --> 00:25:20,488 The company is, uh, a complete disaster. 603 00:25:20,554 --> 00:25:23,891 They've had six CEOs in two years. 604 00:25:23,924 --> 00:25:26,861 Guess these guys are ignoring obvious secular market trends 605 00:25:26,894 --> 00:25:29,864 or they're the stupidest people on Earth. 606 00:25:29,897 --> 00:25:31,766 You're shorting more right now, aren't you? 607 00:25:31,799 --> 00:25:34,835 Yeah. 600,000 shares maybe. [LAUGHS] 608 00:25:34,869 --> 00:25:37,104 Dumb money, man. 609 00:25:37,138 --> 00:25:39,340 I'm happy to take it. 610 00:25:39,373 --> 00:25:41,575 [ELECTRONIC DANCE MUSIC CONTINUES IN DISTANCE] 611 00:25:42,476 --> 00:25:44,211 Mmm. 612 00:25:44,245 --> 00:25:47,048 [RHYTHMICALLY] Mmm, mmm, mmm. Mmm, mmm, mmm. 613 00:25:47,081 --> 00:25:49,784 AUTOMATED VOICE: Listen up, retards. 614 00:25:49,817 --> 00:25:52,620 Melvin Capital has declared war on GME 615 00:25:52,653 --> 00:25:54,789 by shorting the stock even more. 616 00:26:06,067 --> 00:26:10,438 MAN [COUNTING DOWN]: Ten. Nine. Ignition sequence fired. 617 00:26:10,471 --> 00:26:13,542 Six, five, four, 618 00:26:13,574 --> 00:26:16,511 three, two, one. 619 00:26:19,013 --> 00:26:21,615 WallStreetBets, I thought, were a bunch of idiots 620 00:26:21,649 --> 00:26:22,950 just throwing money at a stock 621 00:26:22,983 --> 00:26:24,718 'cause they thought it was funny. 622 00:26:24,752 --> 00:26:26,087 I was wrong. 623 00:26:26,120 --> 00:26:28,557 Now I see what WallStreetBets really is. 624 00:26:28,589 --> 00:26:29,723 It is a revolution. 625 00:26:29,757 --> 00:26:31,592 This is one of those rare moments 626 00:26:31,625 --> 00:26:33,727 where Wall Street are the ones being screwed over. 627 00:26:33,761 --> 00:26:35,596 And when we decide we're hungry, 628 00:26:35,629 --> 00:26:37,164 there's very little the rich can do 629 00:26:37,198 --> 00:26:38,567 to stop us from beating them. 630 00:26:38,599 --> 00:26:39,733 It's a GameStop to stop the game. 631 00:26:39,767 --> 00:26:41,402 Power to the people. 632 00:26:41,435 --> 00:26:43,137 I'm jerking off right now. I'm jerking off right now. 633 00:26:43,170 --> 00:26:47,741 [AUTOMATED VOICE READS ON-SCREEN TEXT] 634 00:26:47,775 --> 00:26:49,910 KEITH: Ho, ho, ho! 635 00:26:49,944 --> 00:26:50,978 What up, everybody? 636 00:26:51,011 --> 00:26:52,279 Merry Christmas. 637 00:26:52,313 --> 00:26:54,014 Happy New Year's. Happy holidays. 638 00:26:54,048 --> 00:26:57,451 Uh, 2020, see ya. 639 00:26:57,485 --> 00:27:00,988 [CHUCKLES] 2020's been a very rough year for my family, too, 640 00:27:01,021 --> 00:27:04,024 so this GameStop news has been a bit of a bright spot. 641 00:27:04,058 --> 00:27:07,161 Uh, look at this. I mean, where it's a... 642 00:27:07,194 --> 00:27:10,264 It's a five-bagger from where it was over the summer. 643 00:27:10,297 --> 00:27:14,368 You don't often see thesis play out like this, 644 00:27:14,401 --> 00:27:16,637 so we gotta-- We can't take it for granted, right? 645 00:27:16,670 --> 00:27:18,873 We gotta appreciate it. We gotta-- 646 00:27:18,906 --> 00:27:21,442 [STAMMERS] Thank you, Santa. Right? 647 00:27:21,475 --> 00:27:25,846 Uh, I wanted to say cheers, all of you. 648 00:27:25,880 --> 00:27:28,550 You're why I'm here in the first place. 649 00:27:28,583 --> 00:27:30,050 Uh... 650 00:27:30,084 --> 00:27:31,620 It's fun to talk about. 651 00:27:31,652 --> 00:27:33,220 I mean, I figure, if I worked at a hedge fund, 652 00:27:33,254 --> 00:27:34,722 I'd compare notes with my colleagues, but I don't. 653 00:27:34,755 --> 00:27:37,791 I'm stuck at home like you guys, so, uh... 654 00:27:37,825 --> 00:27:39,628 I believe in this stock. 655 00:27:39,660 --> 00:27:42,129 And I believe in this community. 656 00:27:42,163 --> 00:27:43,664 Um... 657 00:27:43,697 --> 00:27:45,132 I'll be honest. 658 00:27:45,166 --> 00:27:48,503 Uh, it's been kind of a shitty year. 659 00:27:49,703 --> 00:27:51,205 Uh, for a lot of people. 660 00:27:51,238 --> 00:27:53,240 Lot of people lost people the past 12 months. 661 00:27:53,274 --> 00:27:54,509 I did, too. 662 00:27:54,543 --> 00:27:56,710 Uh, my sister, Sara. 663 00:27:56,744 --> 00:27:58,179 Uh... 664 00:28:05,886 --> 00:28:07,788 I don't talk about it much. 665 00:28:09,423 --> 00:28:11,425 But it felt right to tell you. 666 00:28:11,458 --> 00:28:13,761 Uh, we've been through so much together. 667 00:28:13,794 --> 00:28:17,398 You've made me feel a part of something, something big. 668 00:28:17,431 --> 00:28:19,534 So, uh, Merry Christmas. 669 00:28:19,568 --> 00:28:20,602 Cheers. 670 00:28:22,369 --> 00:28:24,371 [VEHICLE DOOR OPENS, CLOSES] 671 00:28:33,314 --> 00:28:34,782 [KEYPAD BEEPING] 672 00:28:41,822 --> 00:28:44,593 [NOZZLE CLATTERING] 673 00:28:54,468 --> 00:28:55,604 I like your car. 674 00:28:58,138 --> 00:28:59,574 It's a classic. 675 00:28:59,608 --> 00:29:01,075 '95. Yes. 676 00:29:01,108 --> 00:29:03,143 Sadly, it's a gas-guzzler. 677 00:29:03,177 --> 00:29:06,447 Yeah. Yup, this one, too. 678 00:29:06,480 --> 00:29:09,817 But she's such a beauty I couldn't stand to trade her. 679 00:29:09,850 --> 00:29:12,253 [CHUCKLES] '96 Honda Accord? 680 00:29:12,286 --> 00:29:13,787 Uh, 2003. 681 00:29:13,821 --> 00:29:16,090 Not quite a classic. 682 00:29:16,123 --> 00:29:17,458 [CHUCKLES SOFTLY] 683 00:29:23,797 --> 00:29:25,600 It's kind of weird to talk to someone 684 00:29:25,634 --> 00:29:28,102 and see their whole face, right? 685 00:29:28,135 --> 00:29:30,304 It's been so long. 686 00:29:30,337 --> 00:29:32,741 I-I work at a hospital. 687 00:29:32,773 --> 00:29:35,409 You could probably tell. Essential worker. 688 00:29:35,442 --> 00:29:37,411 Thank you for everything you do. 689 00:29:37,444 --> 00:29:38,812 Oh, you're very welcome. 690 00:29:40,682 --> 00:29:41,683 [NOZZLE CLICKS] 691 00:29:46,020 --> 00:29:48,389 [NOZZLE CLATTERING] 692 00:29:50,124 --> 00:29:51,559 Hey, uh... 693 00:29:52,793 --> 00:29:55,095 Have a good night. 694 00:29:55,129 --> 00:29:56,497 Cool. 695 00:29:56,531 --> 00:29:58,465 Safe travels. 696 00:30:01,869 --> 00:30:05,005 [VEHICLE DOOR OPENS, CLOSES] 697 00:30:06,073 --> 00:30:07,474 [ENGINE STARTS] 698 00:30:09,544 --> 00:30:11,478 [VEHICLE DRIVING OFF] 699 00:30:14,716 --> 00:30:16,450 RIRI [VOICE-OVER]: Remember when you were 700 00:30:16,483 --> 00:30:19,053 just making fun of me, and now you're literally obsessed? 701 00:30:19,086 --> 00:30:20,854 No, I don't recall. 702 00:30:20,888 --> 00:30:23,490 How much are you up? 948. 703 00:30:23,525 --> 00:30:24,858 Stock dipped a little. 704 00:30:24,892 --> 00:30:27,194 It was like 2,000 before Christmas. 705 00:30:27,227 --> 00:30:28,429 Maybe you should sell. 706 00:30:30,765 --> 00:30:32,833 No. It's not about the money. 707 00:30:32,866 --> 00:30:34,868 The stock market is not about the money? 708 00:30:34,902 --> 00:30:37,404 No. You just got to read some of the stuff on here. 709 00:30:37,438 --> 00:30:40,908 Never understood why my dad was so pissed off 710 00:30:40,941 --> 00:30:42,876 about this whole thing, but now I do. 711 00:30:44,512 --> 00:30:46,480 I told you about his store, right? 712 00:30:46,514 --> 00:30:48,082 Costco? 713 00:30:48,115 --> 00:30:49,850 Shopko. 714 00:30:49,883 --> 00:30:54,355 It was, like, this, like, big chain in our area. 715 00:30:54,388 --> 00:30:56,323 My dad, he worked his way all the way up 716 00:30:56,357 --> 00:30:59,326 from bag boy to general manager. 717 00:30:59,360 --> 00:31:02,062 Then one of these Wall Street funds came in, bought it 718 00:31:02,096 --> 00:31:03,832 and vampire-sucked all the money out of it 719 00:31:03,864 --> 00:31:06,500 and then declared bankruptcy. 720 00:31:06,534 --> 00:31:07,535 Fuck. 721 00:31:08,869 --> 00:31:10,104 Yeah. 722 00:31:11,639 --> 00:31:14,408 He lost his pension, everything. 723 00:31:15,909 --> 00:31:17,945 It's why he had to work at Pick 'n fucking Save 724 00:31:17,978 --> 00:31:19,446 until the day he died, 725 00:31:19,480 --> 00:31:22,550 and now that's why I'm up to my ass in debt. 726 00:31:22,584 --> 00:31:25,720 And these fuckers are trying to do the same thing to GameStop. 727 00:31:26,821 --> 00:31:28,288 Fuck 'em. 728 00:31:29,490 --> 00:31:31,158 Fuck 'em all. 729 00:31:36,063 --> 00:31:37,398 [CHUCKLES] 730 00:31:40,668 --> 00:31:42,604 [CHATTER OUTSIDE] 731 00:31:49,276 --> 00:31:50,745 [BAG UNZIPS] 732 00:31:52,312 --> 00:31:54,481 Wait. Look. Hmm? 733 00:31:54,516 --> 00:31:55,949 Look at this. [CHUCKLES] 734 00:31:55,983 --> 00:31:57,585 This guy wants to Cash App me $100... 735 00:31:57,619 --> 00:32:00,053 Shut the fuck up. ...to send him a selfie 736 00:32:00,087 --> 00:32:02,757 or 500 if I live chat him from a bubble bath. 737 00:32:02,791 --> 00:32:04,659 HARMONY: Yes! Yes, we should do it. 738 00:32:04,692 --> 00:32:06,226 What? 739 00:32:06,260 --> 00:32:09,129 Yes, we do it and then put the money into GameStop. 740 00:32:10,464 --> 00:32:12,232 Who am I talking to right now? 741 00:32:12,266 --> 00:32:13,635 Come on, bitch, let's go get a tub. 742 00:32:13,668 --> 00:32:15,436 [♪♪♪] 743 00:32:15,469 --> 00:32:17,304 ♪ We got this motherfucker lit on some money shit ♪ 744 00:32:17,337 --> 00:32:19,306 ♪ Yeah, yeah ♪ ♪ And we running shit ♪ 745 00:32:19,339 --> 00:32:21,108 ♪ And we running shit ♪ ♪ Yeah, yeah ♪ 746 00:32:21,141 --> 00:32:23,343 ♪ We got this motherfucker lit on some money shit ♪ 747 00:32:23,377 --> 00:32:26,013 ♪ And we running shit and we running shit ♪ 748 00:32:26,046 --> 00:32:27,515 ♪ Uh ♪ ♪ Please don't pretend... ♪ 749 00:32:27,549 --> 00:32:29,684 NAT: Your entire business is kids spending 750 00:32:29,717 --> 00:32:30,919 their lunch money on random stocks. 751 00:32:30,951 --> 00:32:32,921 They come to you because it's free. 752 00:32:32,953 --> 00:32:36,591 But if you don't charge commission on their trades, 753 00:32:36,624 --> 00:32:38,492 how do you make money? 754 00:32:38,526 --> 00:32:39,594 [SONG ENDS] 755 00:32:39,627 --> 00:32:41,863 The idea for Robinhood 756 00:32:41,896 --> 00:32:45,132 really came out of the Occupy Wall Street movement. 757 00:32:45,165 --> 00:32:46,967 All those people with no way of getting in. 758 00:32:47,000 --> 00:32:49,436 Is that what Occupy was about? 759 00:32:49,470 --> 00:32:51,438 I mean, were they trying to get in or...? 760 00:32:51,472 --> 00:32:54,308 So, we said it's not enough to occupy. 761 00:32:54,341 --> 00:32:55,643 We need to democratize Wall Street. 762 00:32:55,677 --> 00:32:57,277 Nat, I'm not sure if you know this, 763 00:32:57,311 --> 00:32:58,713 but Baiju and I are both immigrants. 764 00:32:58,746 --> 00:33:00,447 I-I was born in Bulgaria, 765 00:33:00,481 --> 00:33:03,116 and Baiju's parents emigrated from India to the Deep South. 766 00:33:03,150 --> 00:33:04,519 [CAMERA CLICKING] 767 00:33:04,552 --> 00:33:06,688 Can you imagine growing up in rural Virginia 768 00:33:06,721 --> 00:33:09,289 with a name like, uh, Baiju Prafulkumar Bhatt? 769 00:33:09,323 --> 00:33:10,692 [BOTH LAUGH] [NAT CHUCKLES] 770 00:33:10,725 --> 00:33:12,392 We created commission-free trading 771 00:33:12,426 --> 00:33:14,027 so that anyone can get in the game. 772 00:33:14,061 --> 00:33:15,663 You don't even need a bank account. 773 00:33:15,697 --> 00:33:17,866 People have really responded. 774 00:33:17,899 --> 00:33:19,901 We've added five million users, 775 00:33:19,934 --> 00:33:22,336 uh, in the last six months, for a total of, uh... 776 00:33:22,369 --> 00:33:24,304 Close to 20 at this point, million. 777 00:33:24,338 --> 00:33:26,373 NAT: So, you're one of these tech companies 778 00:33:26,406 --> 00:33:28,543 that's exploded growth-wise but doesn't make any money. 779 00:33:28,576 --> 00:33:30,377 We make money. But how? 780 00:33:30,410 --> 00:33:32,179 If you don't charge commission, then... 781 00:33:32,212 --> 00:33:33,515 From interest on people's accounts. 782 00:33:33,548 --> 00:33:35,182 But your users are mostly young. 783 00:33:35,215 --> 00:33:36,518 So how much money can they really 784 00:33:36,551 --> 00:33:37,752 be keeping in their account? 785 00:33:37,785 --> 00:33:39,386 There's also payment for order flow. 786 00:33:39,419 --> 00:33:42,089 What's that? VLAD: We prefer the term 787 00:33:42,122 --> 00:33:43,490 "stock order routing." 788 00:33:43,525 --> 00:33:45,192 When you buy or sell stock on our app, 789 00:33:45,225 --> 00:33:48,061 we send your order to market makers who process the order. 790 00:33:48,095 --> 00:33:50,565 They pay us a tiny rebate on every trade. 791 00:33:50,598 --> 00:33:52,232 Tiny. But it adds up. 792 00:33:52,266 --> 00:33:54,368 We should really get back to how we started our company. 793 00:33:54,401 --> 00:33:55,870 What market maker do you work with? 794 00:33:55,904 --> 00:33:58,238 A few. Citadel Securities mostly. 795 00:33:58,272 --> 00:34:00,608 [STAMMERS] Ken Griffin's firm? Isn't that a hedge fund? 796 00:34:00,642 --> 00:34:04,344 Well, Ken Griffin's hedge fund is called Citadel, 797 00:34:04,378 --> 00:34:07,080 but Citadel Securities is a completely different company. 798 00:34:07,114 --> 00:34:08,683 Also owned by Ken Griffin? 799 00:34:08,716 --> 00:34:09,784 [CHUCKLES] 800 00:34:09,817 --> 00:34:11,184 All right. 801 00:34:11,218 --> 00:34:12,754 We weren't gonna do this, 802 00:34:12,787 --> 00:34:15,088 but we'll give you a scoop. 803 00:34:15,122 --> 00:34:16,925 Off the record for now. 804 00:34:17,825 --> 00:34:19,059 Okay. 805 00:34:20,160 --> 00:34:22,095 We're looking to IPO soon. 806 00:34:23,798 --> 00:34:25,299 Damn. 807 00:34:25,332 --> 00:34:27,367 Okay. 808 00:34:27,401 --> 00:34:29,236 That's big. ♪ Yeah, yeah ♪ 809 00:34:29,269 --> 00:34:32,774 ♪ Girl, I can buy your ass the world with my pay stub ♪ 810 00:34:32,807 --> 00:34:34,308 ♪ Ooh, that pussy good ♪ 811 00:34:34,341 --> 00:34:36,076 ♪ Won't you sit it on my taste bloods? ♪ 812 00:34:36,109 --> 00:34:38,880 ♪ I get way too petty once you let me do the extras ♪ 813 00:34:38,913 --> 00:34:40,748 ♪ Pull up on your block then break it down ♪ 814 00:34:40,782 --> 00:34:42,382 ♪ We playing Tetris ♪ 815 00:34:42,416 --> 00:34:45,553 ♪ AM to the PM, PM to the AM, funk ♪ 816 00:34:45,587 --> 00:34:47,755 ♪ Piss out your per diem, you just gotta hate 'em, funk ♪ 817 00:34:47,789 --> 00:34:49,591 ♪ If I quit your... ♪ 818 00:34:49,624 --> 00:34:51,726 ♪ Hol' up, bitch, hol' up, lil ♪ ♪ Sit down ♪ 819 00:34:51,759 --> 00:34:53,126 ♪ Hol' up, lil bitch ♪ ♪ Be humble... ♪ 820 00:34:53,160 --> 00:34:54,662 [BEAU RAPPING ALONG] 821 00:34:54,696 --> 00:34:56,430 Okay, don't say the bad words. ♪ Be humble ♪ 822 00:34:56,463 --> 00:34:58,733 ♪ Sit down ♪ ♪ Hol' up, lil bitch ♪ 823 00:34:58,766 --> 00:35:00,300 ♪ Be humble ♪ ♪ Lil bitch, hol' up, bitch ♪ 824 00:35:00,334 --> 00:35:01,836 [RAPPING ALONG] ♪ Sit down ♪ 825 00:35:01,869 --> 00:35:03,236 ♪ Be humble ♪ ♪ Hol' up, hol' up ♪ 826 00:35:03,270 --> 00:35:05,138 [BOTH RAPPING ALONG] ♪ Sit down ♪ 827 00:35:05,172 --> 00:35:06,908 ♪ Hol' up, lil bitch, hol' up, bitch ♪ ♪ Be humble ♪ 828 00:35:06,941 --> 00:35:08,743 ♪ Sit down ♪ ♪ Hol' up, sit down, lil, sit down ♪ 829 00:35:08,776 --> 00:35:10,410 ♪ Lil bitch, hol' up, hol' up ♪ ♪ Be humble, bitch ♪ 830 00:35:10,444 --> 00:35:12,179 ♪ Sit down ♪ ♪ Hol' up, hol' up, lil bitch ♪ 831 00:35:12,212 --> 00:35:13,848 [SONG CONTINUES FAINTLY] [RAPPING ALONG]: ♪ Be humble ♪ 832 00:35:13,881 --> 00:35:14,983 ♪ Sit down... ♪ Kev, please. 833 00:35:15,016 --> 00:35:16,450 Your father needs to concentrate. 834 00:35:16,483 --> 00:35:18,519 STEVE GILL: Drove long-haul for 40 years. 835 00:35:18,553 --> 00:35:20,420 I don't need to concentrate. [SONG STOPS] 836 00:35:20,454 --> 00:35:22,924 Fine. I need to concentrate. 837 00:35:22,957 --> 00:35:24,959 What do you need to concentrate about? [GASPS] 838 00:35:24,993 --> 00:35:26,594 STEVE GILL: Oh! What? 839 00:35:26,628 --> 00:35:28,362 ELAINE: Thought they were veering over into our lane. 840 00:35:28,395 --> 00:35:30,932 STEVE GILL: Nobody was veering, Elaine. It's okay. 841 00:35:30,965 --> 00:35:33,233 [EXHALES SLOWLY] 842 00:35:34,836 --> 00:35:36,938 You talk to any of the girls at the clinic? 843 00:35:36,971 --> 00:35:38,673 A few of them have called. 844 00:35:40,742 --> 00:35:42,043 [ELAINE SIGHS] 845 00:35:42,076 --> 00:35:43,210 I miss it. 846 00:35:43,243 --> 00:35:45,880 Boys, never retire. 847 00:35:45,913 --> 00:35:47,849 Keith, never retire. 848 00:35:47,882 --> 00:35:50,183 Kevin, if you ever get a job, never retire. 849 00:35:50,217 --> 00:35:51,385 I have a job. 850 00:35:51,418 --> 00:35:53,387 Yet you still live with Ma and Dad. 851 00:35:53,420 --> 00:35:55,322 Oh, you're some big professional now 852 00:35:55,355 --> 00:35:57,457 'cause you're fucking king dork on YouTube? 853 00:35:57,491 --> 00:35:59,027 Just one of many dorks. [SCOFFS] 854 00:35:59,060 --> 00:36:00,862 This asshole thinks he's Jimmy Buffett now. 855 00:36:00,895 --> 00:36:02,462 Come on. KEITH: Warren Buffett. 856 00:36:02,496 --> 00:36:04,632 Warren Buffett. See? 857 00:36:04,666 --> 00:36:07,501 You're not either of the Buffetts... Kitty. 858 00:36:10,705 --> 00:36:11,906 You're Ballz? 859 00:36:15,076 --> 00:36:17,011 Hey! STEVE GILL: Ah, good Christ. 860 00:36:17,045 --> 00:36:18,378 Fellas. Ugh. KEVIN: Ma! 861 00:36:18,412 --> 00:36:20,380 Drop! Stop it! 862 00:36:24,886 --> 00:36:27,021 DoorDash is not a job. 863 00:36:27,055 --> 00:36:28,488 MassMutual is a job. 864 00:36:28,523 --> 00:36:30,257 A job's got business cards. DoorDash is a job. 865 00:36:30,290 --> 00:36:32,060 Okay? I'm a first responder. 866 00:36:32,093 --> 00:36:34,896 And second of all, Ma, nobody uses business cards anymore. 867 00:36:36,263 --> 00:36:38,132 We're proud of you, honey. 868 00:36:39,266 --> 00:36:40,535 Get a room. 869 00:36:40,568 --> 00:36:42,469 [♪♪♪] 870 00:36:53,648 --> 00:36:54,782 [SNIFFLES] 871 00:37:00,487 --> 00:37:02,190 Take your time. 872 00:37:02,222 --> 00:37:04,092 I'll be in the car. 873 00:37:15,069 --> 00:37:16,604 Yeah. 874 00:37:25,479 --> 00:37:26,814 [WHISPERS] Love you. 875 00:37:28,683 --> 00:37:31,619 [♪♪♪] 876 00:37:50,838 --> 00:37:52,305 GABE [VOICE-OVER]: It has been dragging on. 877 00:37:52,339 --> 00:37:53,808 Honestly, I don't know when we're gonna 878 00:37:53,841 --> 00:37:55,076 be able to start demo, 879 00:37:55,109 --> 00:37:56,911 'cause local ordinances are a nightmare. 880 00:37:56,944 --> 00:37:58,445 KEN [VOICE-OVER]: My heart bleeds for you, 881 00:37:58,478 --> 00:37:59,847 having to borrow a tennis court. 882 00:37:59,881 --> 00:38:01,616 "Borrower is slave to the lender." 883 00:38:01,649 --> 00:38:02,850 Is that Buffett? 884 00:38:02,884 --> 00:38:04,652 It's the Bible. Uh, Proverbs. 885 00:38:04,685 --> 00:38:06,120 My grandpa Melvin used to say it. 886 00:38:06,154 --> 00:38:07,487 When he was starting his convenience store, 887 00:38:07,522 --> 00:38:08,823 he refused to borrow one dollar. 888 00:38:08,856 --> 00:38:10,124 It was a point of pride. 889 00:38:10,158 --> 00:38:11,793 Ah, yes, your humble beginnings. 890 00:38:11,826 --> 00:38:13,194 Grandpa Melvin Capital, 891 00:38:13,227 --> 00:38:15,930 now with 16 billion under management. 892 00:38:15,963 --> 00:38:17,497 Better than "Citadel." 893 00:38:17,532 --> 00:38:19,167 You sound like you're preparing for war. 894 00:38:19,200 --> 00:38:21,669 I'm a man of the people. You rented out a resort, 895 00:38:21,702 --> 00:38:23,504 relocated your entire firm here 896 00:38:23,538 --> 00:38:25,039 so you could stay open during lockdown. 897 00:38:25,072 --> 00:38:27,008 Says the man who flew his whole firm down private 898 00:38:27,041 --> 00:38:28,341 just for a party. 899 00:38:28,375 --> 00:38:29,877 And anyway, what kind of company shuts down 900 00:38:29,911 --> 00:38:31,979 just 'cause the government tells them to? 901 00:38:32,013 --> 00:38:34,314 All the ones in your short portfolio. 902 00:38:34,347 --> 00:38:36,150 And yours. Ah. 903 00:38:36,184 --> 00:38:37,552 [VOICE-OVER] All except for one, actually. 904 00:38:37,585 --> 00:38:38,786 KEN [VOICE-OVER] Which one? 905 00:38:38,820 --> 00:38:40,855 GABE: GameStop. KEN: How? 906 00:38:40,888 --> 00:38:43,524 GABE: They sell computer mouses. Mice? 907 00:38:43,558 --> 00:38:45,560 Uh, they claim it makes them an essential business. 908 00:38:45,593 --> 00:38:48,162 KEN: That is the smartest, dumbest thing I've ever heard. 909 00:38:48,196 --> 00:38:49,396 GABE: I know. It's actually a fun one. 910 00:38:49,429 --> 00:38:50,965 The revenue's in the toilet. 911 00:38:50,998 --> 00:38:53,801 632 million net loss last year. 912 00:38:53,835 --> 00:38:56,804 They'd be better off just burning the whole company down. 913 00:38:56,838 --> 00:38:58,906 The stock, though, it has been volatile. 914 00:38:58,940 --> 00:38:59,974 It's been up. 915 00:39:00,007 --> 00:39:02,543 Buybacks? Retail traders. 916 00:39:02,577 --> 00:39:04,178 [LAUGHS] 917 00:39:04,212 --> 00:39:05,213 Bro, I don't have it, bro. 918 00:39:05,246 --> 00:39:06,647 Damn, brother. Sorry, man. 919 00:39:06,681 --> 00:39:07,815 Have a good one, bro. Yeah, yeah, yeah. 920 00:39:07,849 --> 00:39:08,883 Yo, stay up, though. Yeah. 921 00:39:08,916 --> 00:39:09,917 A'ight, bro. A'ight. 922 00:39:15,523 --> 00:39:17,424 I'm gonna put these back real quick. 923 00:39:24,632 --> 00:39:26,734 Hey, Marcos. 924 00:39:26,767 --> 00:39:29,003 Yes, Bradley? 925 00:39:29,036 --> 00:39:31,772 Uh, I... I love how you engaged with that customer, 926 00:39:31,806 --> 00:39:34,709 but we really want to close those pre-owned sales. 927 00:39:34,742 --> 00:39:37,078 The margin's more than double. Oh, shit, double. 928 00:39:37,111 --> 00:39:38,913 Yeah, you didn't do any of the five prongs, dude 929 00:39:38,946 --> 00:39:40,915 pre-orders, reward card subscriptions, used sales, 930 00:39:40,948 --> 00:39:42,516 new sales, trade-ins. 931 00:39:42,550 --> 00:39:44,085 Yeah, I mean, when I was a 16-year-old gamer, 932 00:39:44,118 --> 00:39:46,087 all I wanted was a reward card subscription. 933 00:39:46,120 --> 00:39:47,855 Five dollars cash back monthly. 934 00:39:47,889 --> 00:39:49,790 20 points for every dollar spent. 935 00:39:49,824 --> 00:39:51,626 Don't get me started. A lot of really smart people 936 00:39:51,659 --> 00:39:53,393 in corporate put this plan together. 937 00:39:53,426 --> 00:39:55,930 Yeah, but have any of them ever played a video game? 938 00:39:55,963 --> 00:39:58,799 Uh, it doesn't matter, Marcos, because they own our asses. 939 00:39:58,833 --> 00:40:02,402 Yo, they don't own my ass, so... 940 00:40:02,435 --> 00:40:03,604 They do. 941 00:40:03,638 --> 00:40:05,072 And they always will. 942 00:40:07,474 --> 00:40:09,110 Mask. 943 00:40:11,145 --> 00:40:12,280 Hey, Bradley. 944 00:40:15,583 --> 00:40:17,484 You ever heard of a short squeeze? 945 00:40:25,126 --> 00:40:27,028 [WHISPERS] Is that a sexual thing? 946 00:40:29,030 --> 00:40:30,331 No. 947 00:40:30,364 --> 00:40:31,632 [WOMAN WHOOPS] 948 00:40:31,666 --> 00:40:33,167 Oh, yeah! 949 00:40:33,200 --> 00:40:34,802 STEPHEN COLBERT: Here-Here's what's going on. 950 00:40:34,835 --> 00:40:38,005 Late last year, hedge funds started shorting stock 951 00:40:38,039 --> 00:40:40,473 in the retail store GameStop, 952 00:40:40,508 --> 00:40:44,078 meaning they had bet against it and needed it to drop in price 953 00:40:44,111 --> 00:40:45,947 for their investments to be successful. 954 00:40:45,980 --> 00:40:47,848 Now, unfortunately for the hedge funds, 955 00:40:47,882 --> 00:40:51,352 small investors started buying the stock, 956 00:40:51,385 --> 00:40:53,486 led by something called WallStreetBets, 957 00:40:53,521 --> 00:40:57,091 a popular, juvenile, foul-mouthed Reddit page. 958 00:40:57,124 --> 00:40:59,694 And when WallStreetBets noticed that hedge funds had taken 959 00:40:59,727 --> 00:41:03,130 a large short position in GameStop stock, 960 00:41:03,164 --> 00:41:05,533 they decided to punish the Wall Street big boys 961 00:41:05,566 --> 00:41:08,803 and launched a coordinated buying spree. 962 00:41:08,836 --> 00:41:12,039 The revolutionaries on Reddit are spanking Wall Street's ass. 963 00:41:12,073 --> 00:41:14,208 GameStop shares absolutely going nuts. 964 00:41:14,241 --> 00:41:18,145 I think, um, it was up over 70% at one point. 965 00:41:18,179 --> 00:41:20,815 Massive short squeeze, closing there with a gain of 51%... 966 00:41:20,848 --> 00:41:22,550 KEITH: Show me the tendies! 967 00:41:22,583 --> 00:41:24,652 NEWSMAN: ...after traders on message boards... 968 00:41:24,685 --> 00:41:28,155 [YELLING WILDLY] 969 00:41:28,189 --> 00:41:29,489 What?! 970 00:41:29,523 --> 00:41:31,359 Happy Wednesday! 971 00:41:31,392 --> 00:41:33,127 Happy hump day! 972 00:41:33,160 --> 00:41:34,494 Gee-- I mean, look at this! 973 00:41:34,528 --> 00:41:35,863 Look at this shit! 974 00:41:35,896 --> 00:41:38,199 A 90% increase in one day? 975 00:41:38,232 --> 00:41:39,734 In one fucking day? 976 00:41:39,767 --> 00:41:42,536 [HOWLING] We're going to the moon! 977 00:41:42,570 --> 00:41:45,706 [LAUGHING] Whoa! 978 00:41:45,740 --> 00:41:48,309 Okay, now if you've been watching this price action, 979 00:41:48,342 --> 00:41:50,511 this is what I'm talking about. Yeah, but you can really feel 980 00:41:50,544 --> 00:41:52,046 that panic from Wall Street, right? 981 00:41:52,079 --> 00:41:53,647 When they start-starting to feel a little squeeze. 982 00:41:53,681 --> 00:41:55,082 Starting to feel-- You're starting to really feel 983 00:41:55,116 --> 00:41:56,517 a little squeeze. Oh, I need a drink. 984 00:41:56,550 --> 00:41:58,252 I need a drink. I know we all drinking tonight. 985 00:41:58,285 --> 00:41:59,854 We fucking did it. 986 00:41:59,887 --> 00:42:02,056 We started from the bottom, and now we're here! 987 00:42:02,089 --> 00:42:03,924 ["I'D DO ANYTHING FOR LOVE" BY MEAT LOAF PLAYING] 988 00:42:03,958 --> 00:42:05,993 Let's raise a glass. 989 00:42:06,027 --> 00:42:08,896 To a great company that's undervalued. 990 00:42:08,929 --> 00:42:09,897 Cheers. 991 00:42:09,930 --> 00:42:11,699 Soon may the Tendieman come. 992 00:42:11,732 --> 00:42:14,101 Show me the tendies. Show me the tendies. 993 00:42:14,135 --> 00:42:15,369 I got 'em right here. 994 00:42:15,403 --> 00:42:16,570 Show me the tendies. 995 00:42:16,604 --> 00:42:19,006 I just got to... I just got to dip. 996 00:42:19,040 --> 00:42:20,441 I just... I just got to dip. 997 00:42:20,474 --> 00:42:22,109 [GRUNTS] 998 00:42:22,143 --> 00:42:23,778 Mmm. 999 00:42:23,811 --> 00:42:26,580 ♪ No way, and I would do ♪ 1000 00:42:26,614 --> 00:42:29,383 Mmm, mmm, mmm, mmm, mmm. ♪ Anything for... ♪ 1001 00:42:29,417 --> 00:42:31,085 11 fucking million dollars?! 1002 00:42:31,118 --> 00:42:32,253 [OVER SPEAKERPHONE]: What the fuck?! 1003 00:42:32,286 --> 00:42:33,754 Oh, language. The baby's here. 1004 00:42:33,788 --> 00:42:34,789 KEVIN: What are you gonna do? 1005 00:42:34,822 --> 00:42:37,124 Get a Ferrari? A Lambo? 1006 00:42:37,158 --> 00:42:38,859 Caroline, you're gonna ask for a big diamond, right? 1007 00:42:38,893 --> 00:42:40,261 I have a diamond. 1008 00:42:40,294 --> 00:42:41,862 Keith, you get a fucking diamond! 1009 00:42:41,896 --> 00:42:43,631 If I were you, I'd look like DJ Khaled right now. 1010 00:42:43,664 --> 00:42:45,266 Kev, it's not real. 1011 00:42:45,299 --> 00:42:46,901 I mean, it's real, but it's just paper. 1012 00:42:46,934 --> 00:42:48,702 Just on paper? 1013 00:42:48,736 --> 00:42:49,970 You're gonna sell, right? 1014 00:42:50,004 --> 00:42:51,872 No! May... 1015 00:42:51,906 --> 00:42:53,607 I mean, I don't know. [CHUCKLES] 1016 00:42:53,641 --> 00:42:56,444 Uh, we... we haven't talked about it. 1017 00:42:56,477 --> 00:42:58,145 What the fuck is wrong with you? 1018 00:42:58,179 --> 00:43:00,114 I'm riding Mom's bike every day to Dorchester 1019 00:43:00,147 --> 00:43:01,482 to drop off cheeseburgers 1020 00:43:01,516 --> 00:43:02,817 'cause you won't let me use your fucking car, 1021 00:43:02,850 --> 00:43:03,884 and you're Mr. "Oh, I won't sell 1022 00:43:03,918 --> 00:43:05,554 and take millions of dollars." 1023 00:43:05,586 --> 00:43:07,288 And, well, what you do with your life is your choice. 1024 00:43:07,321 --> 00:43:08,823 You think I wanted to get laid off from Dick's 1025 00:43:08,856 --> 00:43:10,157 during a global pandemic? 1026 00:43:10,191 --> 00:43:11,459 I love those sneakers, man. 1027 00:43:11,492 --> 00:43:13,394 I love that store. I love Dick's. 1028 00:43:13,427 --> 00:43:14,762 Mom's bike doesn't even have gears. 1029 00:43:14,795 --> 00:43:16,730 We don't even know if it's reached the top. 1030 00:43:16,764 --> 00:43:19,500 The stock, uh, jumped like 23% yesterday, 1031 00:43:19,534 --> 00:43:21,402 double from Friday's close. But he's right. 1032 00:43:21,435 --> 00:43:23,637 I mean, 11 million dollars is a lot of fucking dough. 1033 00:43:23,671 --> 00:43:25,072 Thank you! KEITH: Okay, yes, 1034 00:43:25,106 --> 00:43:27,975 but since Ryan Cohen joined the board, the... 1035 00:43:28,008 --> 00:43:29,343 This fucking guy. 1036 00:43:29,376 --> 00:43:30,579 ...and a two billion market cap. 1037 00:43:30,611 --> 00:43:31,812 I mean, could it go... [SPUTTERS] 1038 00:43:31,846 --> 00:43:33,080 Yeah, but that's not what I'm seeing. 1039 00:43:33,114 --> 00:43:34,715 That's not what I'm seeing, Kev. 1040 00:43:35,883 --> 00:43:37,552 Kev? You there? 1041 00:43:40,221 --> 00:43:42,490 Did he hang up? Yeah. 1042 00:43:43,891 --> 00:43:45,226 [EXCLAIMS] 1043 00:43:52,399 --> 00:43:53,934 [SIGHS] 1044 00:43:53,968 --> 00:43:55,669 Fuck, I think hold. 1045 00:43:59,073 --> 00:44:00,374 CHRIS [QUIETLY]: Girl, you got to sell. 1046 00:44:00,407 --> 00:44:01,610 JENNY [SINGSONGY]: I'm not selling. 1047 00:44:01,642 --> 00:44:02,977 CHRIS: How much are you up? 1048 00:44:03,010 --> 00:44:04,979 JENNY [WHISPERS]: $58,000 and some change. 1049 00:44:05,012 --> 00:44:07,549 [MAN TALKING INDISTINCTLY] [CHRIS SCOFFING QUIETLY] 1050 00:44:07,582 --> 00:44:10,117 Baby girl, what the fuck? 1051 00:44:10,151 --> 00:44:11,785 You need to get out while you can. 1052 00:44:11,819 --> 00:44:13,020 Don't be an idiot. 1053 00:44:13,053 --> 00:44:15,022 You remember red headband guy? 1054 00:44:15,055 --> 00:44:18,159 He's worth 11 million dollars, and he's not selling. 1055 00:44:18,192 --> 00:44:20,327 No fucking way. Yes fucking way. 1056 00:44:20,361 --> 00:44:22,863 This is what I'm telling you. Diamond hands. 1057 00:44:23,931 --> 00:44:25,699 Diamond hands. 1058 00:44:25,733 --> 00:44:27,501 You hold the line no matter what the market does, 1059 00:44:27,536 --> 00:44:28,969 no matter what Wall Street says. 1060 00:44:29,003 --> 00:44:30,804 What happens when everyone else sells first 1061 00:44:30,838 --> 00:44:32,139 and before you get out 1062 00:44:32,173 --> 00:44:33,741 you've lost all your money? 1063 00:44:33,774 --> 00:44:35,676 WOMAN: Are there any volunteers? 1064 00:44:35,709 --> 00:44:37,512 I'm... MAN: Anyone? 1065 00:44:37,546 --> 00:44:39,581 We're gonna hold the line. WOMAN: Come on. 1066 00:44:39,614 --> 00:44:41,616 Someone has to go first. Okay, yeah. I'll do it. 1067 00:44:47,188 --> 00:44:48,657 Here we go, everyone. 1068 00:44:48,689 --> 00:44:51,660 The first COVID vaccine at Pittsburgh Presbyterian. 1069 00:44:51,692 --> 00:44:53,093 RIRI [VOICE-OVER]: Ah! 1070 00:44:53,127 --> 00:44:55,262 Fuck! Fuck! Fuck! 1071 00:44:55,296 --> 00:44:58,465 Guys, we need your help. What should we do? 1072 00:44:59,967 --> 00:45:01,702 So, listen, my girl bought in under 20, 1073 00:45:01,735 --> 00:45:03,938 and now it is over 60. 1074 00:45:03,971 --> 00:45:05,574 So, like, should she sell? 1075 00:45:05,607 --> 00:45:08,943 On the one hand, she has principles. 1076 00:45:08,976 --> 00:45:12,279 On the other, she has 100K in student debt, so... 1077 00:45:12,313 --> 00:45:14,048 PROFESSOR: One way that you could think about 1078 00:45:14,081 --> 00:45:17,686 the comparison between Marxism and Utilitarian tradition 1079 00:45:17,718 --> 00:45:21,388 is that they both have a micro story and a macro story. 1080 00:45:21,422 --> 00:45:23,757 When you think of utilitarian tradition... 1081 00:45:23,791 --> 00:45:26,126 The only thing that would convince her to sell 1082 00:45:26,160 --> 00:45:27,995 is if Roaring Kitty sold. 1083 00:45:29,463 --> 00:45:31,799 So, where my pussy at? 1084 00:45:31,832 --> 00:45:35,035 PROFESSOR: You have the micro story for the Pareto principle 1085 00:45:35,069 --> 00:45:38,038 for how each individual action will go. 1086 00:45:38,072 --> 00:45:39,740 But you also have a macro story... 1087 00:45:39,773 --> 00:45:41,108 RIRI [OVER LAPTOP]: Where my pussy at? 1088 00:45:41,141 --> 00:45:43,244 Where my pussy at? Where my pussy at?! 1089 00:45:43,277 --> 00:45:44,979 Sorry. Where my pussy 1090 00:45:45,012 --> 00:45:47,281 at...?! [LAUGHTER] 1091 00:45:47,314 --> 00:45:48,816 HARMONY: I'm so sorry. 1092 00:45:48,849 --> 00:45:50,417 ♪ Hey, hey ♪ 1093 00:45:50,451 --> 00:45:52,319 ♪ Where my pussy at? Ha! ♪ 1094 00:45:52,353 --> 00:45:54,589 Where is my pussy at?! Not in here. 1095 00:46:01,529 --> 00:46:03,464 [♪♪♪] 1096 00:46:15,976 --> 00:46:17,778 RIRI: Whoa. [LIVELY CHATTER] 1097 00:46:17,811 --> 00:46:20,347 Wait. Listen. Hold on. 1098 00:46:20,381 --> 00:46:22,950 [VOICE-OVER]: "Future generations will look back 1099 00:46:22,983 --> 00:46:25,352 "and say, 'Good men stood here. 1100 00:46:25,386 --> 00:46:28,088 "Good men fought and died on this ground,' 1101 00:46:28,122 --> 00:46:30,124 "as they point to a TradingView daily chart 1102 00:46:30,157 --> 00:46:32,761 "of GME zoomed in on January. 1103 00:46:32,793 --> 00:46:34,995 [VOICE-OVER]: "Since the spawn of the stonk market, 1104 00:46:35,029 --> 00:46:37,699 "two classes of people have been pitted against each other..." 1105 00:46:37,732 --> 00:46:40,467 "...eternal enemies, forever forced and fated to combat 1106 00:46:40,501 --> 00:46:41,770 lions and hyenas." 1107 00:46:41,802 --> 00:46:43,772 MARCOS [VOICE-OVER]: "These lions, 1108 00:46:43,804 --> 00:46:46,106 "these Wall Street hedge funds have it all 1109 00:46:46,140 --> 00:46:47,274 "billions of dollars, 1110 00:46:47,308 --> 00:46:49,310 "bailouts for reckless trades. 1111 00:46:49,343 --> 00:46:52,313 These dirty fucking criminal bastards." 1112 00:46:52,346 --> 00:46:56,984 Yup, these fucking... motherfuckers. 1113 00:46:57,017 --> 00:46:58,553 [VOICE-OVER] "And then there's us, 1114 00:46:58,586 --> 00:47:01,455 "the working man, the average joe. 1115 00:47:01,488 --> 00:47:03,725 "What do we have? 1116 00:47:03,758 --> 00:47:06,695 "What the fuck do we have? 1117 00:47:06,728 --> 00:47:08,697 They literally call us 'dumb money.'" 1118 00:47:08,730 --> 00:47:10,532 KEVIN [VOICE-OVER]: "These lions, these hedge fund guys, 1119 00:47:10,565 --> 00:47:12,534 "were born with silver spoons in their mouths. 1120 00:47:12,567 --> 00:47:14,168 "The top one percent of the one percent. 1121 00:47:14,201 --> 00:47:15,737 "They have massive bank accounts, 1122 00:47:15,770 --> 00:47:17,838 eat medium rare, grade A Wagyu steak..." 1123 00:47:17,871 --> 00:47:20,207 What the fuck is that? That sounds delicious. 1124 00:47:20,240 --> 00:47:22,711 "...with truffle shavings for lunch." Fuck. 1125 00:47:22,744 --> 00:47:24,646 "They frequent the finest strip clubs. 1126 00:47:24,679 --> 00:47:26,648 They have blow and escorts on their yacht parties." 1127 00:47:26,681 --> 00:47:28,248 Why do we hate these guys? 1128 00:47:28,282 --> 00:47:30,585 "Then you know what they will tell these escorts?" 1129 00:47:30,618 --> 00:47:32,853 What's an escort? Stop listening. 1130 00:47:32,886 --> 00:47:34,756 "When the smoking hot blonde asks them, 1131 00:47:34,789 --> 00:47:37,692 'Like, how do you have so much money?'" [CHUCKLES] 1132 00:47:37,726 --> 00:47:39,828 "You know what they say? They say..." [CHUCKLES] 1133 00:47:39,860 --> 00:47:42,697 "'Dumb money, babe. Dumb money.'" 1134 00:47:44,766 --> 00:47:47,736 AXL: Something is burning. [SMOKE ALARM BEEPING] 1135 00:47:47,769 --> 00:47:50,337 Oh. Damn it. 1136 00:47:50,371 --> 00:47:52,072 Shit. You said "shit." 1137 00:47:56,811 --> 00:47:58,278 [BEEPS] 1138 00:48:00,782 --> 00:48:02,916 MARCOS [VOICE-OVER]: "Last, the GME trade is about 1139 00:48:02,950 --> 00:48:05,085 "class warfare, plain and simple. 1140 00:48:05,119 --> 00:48:07,187 [WATCH BEEPS] "We may be hyenas, yes, 1141 00:48:07,221 --> 00:48:09,056 "but guess what. 1142 00:48:09,089 --> 00:48:12,393 You put enough of us together, and we can destroy a lion." 1143 00:48:12,426 --> 00:48:13,460 [LAUGHTER, LIVELY CHATTER] 1144 00:48:13,494 --> 00:48:15,396 It's on, motherfuckers. 1145 00:48:15,429 --> 00:48:18,566 [HOWLING] 1146 00:48:18,600 --> 00:48:21,034 [VOICE-OVER] Oh, we coming for y'all. 1147 00:48:21,068 --> 00:48:22,804 Y'all better get ready. 1148 00:48:22,837 --> 00:48:24,071 We fucking coming for you. 1149 00:48:24,104 --> 00:48:27,374 That is some nerdy shit, man. 1150 00:48:27,408 --> 00:48:29,778 My brother is a fucking nerd. 1151 00:48:30,845 --> 00:48:32,647 [PANTING] 1152 00:48:32,680 --> 00:48:33,615 [BEEPS] 1153 00:48:36,917 --> 00:48:38,419 Fuck! 1154 00:48:42,022 --> 00:48:43,991 [FOOTSTEPS RUNNING] [KIDS SQUEALING IN DISTANCE] 1155 00:48:44,024 --> 00:48:46,828 Counting down from five, and then I'm coming back in there, 1156 00:48:46,861 --> 00:48:48,797 and I don't think you want that. 1157 00:48:50,364 --> 00:48:51,432 Five. 1158 00:48:51,465 --> 00:48:54,435 Four. Three! Two! 1159 00:48:54,468 --> 00:48:56,236 [SQUEALING AND RUNNING] 1160 00:48:56,270 --> 00:48:57,639 Thank you. [CHUCKLES] 1161 00:48:57,672 --> 00:48:59,473 How was your day? Long. 1162 00:48:59,507 --> 00:49:02,009 It's so hard to keep them focused on Zoom school. 1163 00:49:02,042 --> 00:49:04,512 They're just not into it. 1164 00:49:04,546 --> 00:49:06,514 How was your day? 1165 00:49:06,548 --> 00:49:08,148 GABE [MOUTH FULL]: Good. 1166 00:49:09,983 --> 00:49:12,486 You're not worried about the short squeeze thing? 1167 00:49:12,520 --> 00:49:14,589 The dam will break next week. 1168 00:49:14,622 --> 00:49:16,256 A few of them will decide it's gone high enough, 1169 00:49:16,290 --> 00:49:18,192 they'll cash out, the rest will follow, 1170 00:49:18,225 --> 00:49:20,260 whole thing will come crashing down. 1171 00:49:20,294 --> 00:49:24,198 I can't think of the last short squeeze that actually worked. 1172 00:49:24,231 --> 00:49:25,700 Ackman and Herbalife. 1173 00:49:25,733 --> 00:49:28,469 Before that, Piggly Wiggly. [CHUCKLES] 1174 00:49:28,502 --> 00:49:29,637 Piggly Wiggly? 1175 00:49:29,671 --> 00:49:31,606 Yeah, 1923, a bear cartel 1176 00:49:31,639 --> 00:49:34,308 was shorting the Piggly Wiggly grocery store. 1177 00:49:34,341 --> 00:49:36,544 Founder, he takes out a loan 1178 00:49:36,578 --> 00:49:39,346 for what would be $150 million today. 1179 00:49:39,379 --> 00:49:41,716 He buys back almost all the stock, like 99% of the stock. 1180 00:49:41,749 --> 00:49:43,852 The price of the stock goes up 50%. 1181 00:49:43,885 --> 00:49:46,386 How much is GameStop up? Then the exchange, 1182 00:49:46,420 --> 00:49:48,288 they-they-they halt trading on the stock 1183 00:49:48,322 --> 00:49:51,158 so the short sellers can cover their positions. 1184 00:49:51,191 --> 00:49:52,627 Is that legal? 1185 00:49:52,660 --> 00:49:56,330 The founder had to declare bankruptcy, so... 1186 00:49:56,363 --> 00:49:58,398 it was all fine in the end. 1187 00:49:58,432 --> 00:50:01,569 And you knew all that or you looked it up? 1188 00:50:01,603 --> 00:50:03,605 Every fund manager knows that story. 1189 00:50:07,742 --> 00:50:09,677 You looked it up. [CHUCKLES SOFTLY] 1190 00:50:10,945 --> 00:50:13,080 Double-checked some numbers maybe. 1191 00:50:22,122 --> 00:50:25,325 STEVE [GROANS]: Do you see what's going on at GME? 1192 00:50:25,359 --> 00:50:26,861 GABE: There's more of these idiots? 1193 00:50:26,895 --> 00:50:28,663 A lot more. GABE: They won't hold much longer. 1194 00:50:28,696 --> 00:50:31,398 STEVE: Oh, Gabe, honey, they're holding. 1195 00:50:31,431 --> 00:50:33,400 It just crossed a hundred. 1196 00:50:33,433 --> 00:50:35,570 [NEWSCAST PLAYING INDISTINCTLY OVER TV] 1197 00:50:35,603 --> 00:50:37,572 Gabe? 1198 00:50:37,605 --> 00:50:38,973 Where are you? 1199 00:50:43,076 --> 00:50:45,279 You should probably dial in. 1200 00:50:45,312 --> 00:50:46,915 Yeah, be on in one sec. 1201 00:50:46,948 --> 00:50:49,449 NEWSMAN: GameStop, extraordinary volatility today. 1202 00:50:49,483 --> 00:50:51,886 You know, we might want to make this the stock of the day 1203 00:50:51,920 --> 00:50:54,522 now that it's gaining 103%. 1204 00:50:54,556 --> 00:50:55,924 That is volatility. NEWSMAN 2: I will tell you, 1205 00:50:55,957 --> 00:50:57,190 I've never seen anything like it. 1206 00:50:57,224 --> 00:51:00,528 Uh, I'm concerned about it deeply. 1207 00:51:00,562 --> 00:51:02,095 I'm calling it the ultimate short squeeze. 1208 00:51:02,129 --> 00:51:04,766 How much money is being made? Holy fucking shit. 1209 00:51:04,799 --> 00:51:07,100 ...now we're gonna talk about GameStop. Those shares... 1210 00:51:07,134 --> 00:51:08,903 Holy fucking shit. ...that stock is earning about 1211 00:51:08,937 --> 00:51:11,573 130% today, as bullish retail traders 1212 00:51:11,606 --> 00:51:13,240 frenetically buy shares. Holy fucking shit. 1213 00:51:13,273 --> 00:51:14,609 Yo, holy shit! 1214 00:51:14,642 --> 00:51:16,410 Shit balls! 1215 00:51:16,443 --> 00:51:18,713 Holy shit! NEWSWOMAN: You look at the chart 1216 00:51:18,746 --> 00:51:21,315 for the month, it's up 220%. RIRI: Oh, fuck! 1217 00:51:21,348 --> 00:51:23,618 Everything okay? Oh, there, yeah. It's crazy. 1218 00:51:23,651 --> 00:51:27,154 Holy fucking shit. Holy fucking shit. 1219 00:51:27,187 --> 00:51:30,257 ...if you go short in some of these elaborate options trades, 1220 00:51:30,290 --> 00:51:32,459 you can lose money to infinity. 1221 00:51:32,492 --> 00:51:34,996 NEWSMAN 3: GameStop now, uh, 123 and change, 1222 00:51:35,029 --> 00:51:36,129 another record high. 1223 00:51:36,163 --> 00:51:37,497 Holy fucking shit. 1224 00:51:37,532 --> 00:51:38,766 NEWSMAN 4: ...completely disconnected from 1225 00:51:38,800 --> 00:51:40,267 the fundamentals, and this is 1226 00:51:40,300 --> 00:51:42,502 very much being driven by retail investors, 1227 00:51:42,537 --> 00:51:44,171 many of them trading on Robinhood. 1228 00:51:44,204 --> 00:51:45,573 NEWSMAN 2: When the music stops, 1229 00:51:45,607 --> 00:51:47,174 somebody is gonna be left without a seat. 1230 00:51:47,207 --> 00:51:49,409 This is for casino money only. 1231 00:51:49,443 --> 00:51:51,079 We're literally putting the "game" in GameStop. 1232 00:51:51,111 --> 00:51:52,981 ...GameStop is the craziest I think I've ever seen. 1233 00:51:53,014 --> 00:51:56,818 True investors never heard of Reddit a few years ago, 1234 00:51:56,851 --> 00:51:58,352 but for that to drive a short squeeze... 1235 00:51:58,385 --> 00:51:59,621 NEWSMAN 5: It is WallStreetBets. 1236 00:51:59,654 --> 00:52:01,022 It's worth going to the site 1237 00:52:01,055 --> 00:52:02,924 because it's incredibly compelling. 1238 00:52:02,957 --> 00:52:05,760 You may think it's fraught, but they're using arguments 1239 00:52:05,793 --> 00:52:08,261 that they think, uh, hold up under scrutiny. 1240 00:52:08,295 --> 00:52:10,297 I just like the stock. HARMONY: I can't look. 1241 00:52:10,330 --> 00:52:12,466 I can't look. I can't look. It's up another four percent. 1242 00:52:12,499 --> 00:52:13,835 I'm gonna have a fucking heart attack. 1243 00:52:13,868 --> 00:52:15,335 Should we sell? And betray your boyfriend? 1244 00:52:15,369 --> 00:52:17,337 Absolutely not. No. Maybe. 1245 00:52:17,371 --> 00:52:19,007 DAVID FABER: Uh, the stock's up 581%. 1246 00:52:19,040 --> 00:52:20,842 [OVERLAPPING CHATTER] They are being very specific. 1247 00:52:20,875 --> 00:52:22,209 To break the shorts. Yes. 1248 00:52:22,242 --> 00:52:24,012 I mean, what's going on at GameStop right now 1249 00:52:24,045 --> 00:52:26,179 conceivably could take a couple of firms out, 1250 00:52:26,213 --> 00:52:29,017 hedge funds, if they were s-stupid enough to be short. 1251 00:52:29,050 --> 00:52:30,985 Babe, how much did we make today? 1252 00:52:32,219 --> 00:52:33,387 Five million. 1253 00:52:33,420 --> 00:52:35,556 And yesterday? 1254 00:52:35,590 --> 00:52:37,659 Four million. 1255 00:52:39,060 --> 00:52:40,028 Babe. 1256 00:52:40,061 --> 00:52:41,696 Yeah? 1257 00:52:42,864 --> 00:52:45,365 We're, like, really fucking rich. 1258 00:52:52,106 --> 00:52:53,775 How much did we lose today? 1259 00:52:56,209 --> 00:52:57,210 A billion. 1260 00:52:59,714 --> 00:53:00,748 And yesterday? 1261 00:53:02,449 --> 00:53:03,785 A billion. 1262 00:53:07,021 --> 00:53:08,756 [GROANS] NEWSMAN 2: Some news 1263 00:53:08,790 --> 00:53:11,258 to bring you right now is that Melvin Capital Management-- 1264 00:53:11,291 --> 00:53:15,429 this is the hedge fund that had shorted, uh, this company, 1265 00:53:15,462 --> 00:53:18,398 that had effectively been attacked by 1266 00:53:18,432 --> 00:53:21,102 an army of investors trying to push up 1267 00:53:21,135 --> 00:53:23,771 and press up the stock of GameStop-- 1268 00:53:23,805 --> 00:53:26,574 they've taken, uh, a rather huge loss... 1269 00:53:26,607 --> 00:53:30,011 WOMAN: Sorry, if you could just put your head up for a sec. 1270 00:53:30,044 --> 00:53:31,445 Thanks. 1271 00:53:31,478 --> 00:53:33,246 How long you been down here? 1272 00:53:33,280 --> 00:53:34,414 A few months. 1273 00:53:35,717 --> 00:53:37,451 You like the weather? 1274 00:53:39,219 --> 00:53:42,557 Heat is nice. The humidity not-not as much. 1275 00:53:42,590 --> 00:53:44,391 I can see that. [CHUCKLES] 1276 00:53:44,424 --> 00:53:46,127 [GRUNTS SOFTLY] 1277 00:53:46,160 --> 00:53:48,295 All right, I think you're good to go. 1278 00:53:55,970 --> 00:53:57,905 [BREATHING HEAVILY] 1279 00:54:07,949 --> 00:54:09,684 [SIGHS SOFTLY] 1280 00:54:13,788 --> 00:54:15,757 Hey. Hey, man. 1281 00:54:15,790 --> 00:54:17,625 Hi. It's, uh, it's good to connect. 1282 00:54:17,658 --> 00:54:18,726 You, too. Great to be here. 1283 00:54:18,760 --> 00:54:20,061 Excited. I'm glad you are. 1284 00:54:20,094 --> 00:54:21,562 Listen, I, uh, I want to get right to it. 1285 00:54:21,596 --> 00:54:24,364 From what I'm hearing, you guys are-are bankrupt. 1286 00:54:25,967 --> 00:54:27,735 [LAUGHS] No. What? No. 1287 00:54:27,769 --> 00:54:30,905 'Cause the word on the street is that you're-you're drowning. 1288 00:54:30,938 --> 00:54:33,273 [CHUCKLES] No, that's... that's crazy. 1289 00:54:33,306 --> 00:54:34,274 We're-we're doing great. 1290 00:54:34,307 --> 00:54:35,576 You're on the record with that? 1291 00:54:35,610 --> 00:54:37,512 Obviously. [CHUCKLES] All right, man. 1292 00:54:37,545 --> 00:54:40,280 Well, then we're gonna get the live feed up right now, 1293 00:54:40,313 --> 00:54:41,616 and then we're gonna get to you 1294 00:54:41,649 --> 00:54:42,950 right after this next, uh, advertising break. 1295 00:54:42,984 --> 00:54:44,685 Perfect. Great. Yes, can't wait. 1296 00:54:48,556 --> 00:54:51,192 All right, one more spot, and then you're gonna be up. 1297 00:54:51,225 --> 00:54:52,927 I-I really do think this is 1298 00:54:52,960 --> 00:54:54,361 the right time for you to communicate. 1299 00:54:54,394 --> 00:54:56,296 Great, yes. Agreed. Great. Mm-hmm. 1300 00:54:56,329 --> 00:54:59,066 Address it all head-on. It's gonna, it's gonna be good. 1301 00:55:00,968 --> 00:55:01,936 No. Come on, Gabe. 1302 00:55:01,969 --> 00:55:03,104 We're on in ten seconds. 1303 00:55:03,137 --> 00:55:04,337 I can't do this. I'm sorry. 1304 00:55:04,371 --> 00:55:05,773 Gabe, seriously. Bye. 1305 00:55:05,807 --> 00:55:07,474 I'm terribly sorry. Seriously, come on. 1306 00:55:07,508 --> 00:55:09,210 W-We're going on right now. Good to see you. [MUMBLES] 1307 00:55:15,650 --> 00:55:16,751 YAARA: Babe. 1308 00:55:17,885 --> 00:55:19,319 What's the damage? 1309 00:55:38,673 --> 00:55:40,074 [SIGHS] 1310 00:55:45,112 --> 00:55:47,048 [BIRDS CHIRPING] [RINGTONE PLAYING] 1311 00:55:50,852 --> 00:55:52,385 Let me guess: you need cash. 1312 00:55:52,419 --> 00:55:54,922 [OVER SPEAKERPHONE] Didn't call Ken first, did you? 1313 00:55:54,956 --> 00:55:56,724 He had Phillips reach out. 1314 00:55:56,757 --> 00:55:58,358 How much did he offer? 1315 00:55:59,459 --> 00:56:00,928 I haven't called him back yet. 1316 00:56:00,962 --> 00:56:02,530 Well, how much do you need? 1317 00:56:02,563 --> 00:56:03,764 You know what? Don't answer that. 1318 00:56:03,798 --> 00:56:05,032 The number doesn't matter. 1319 00:56:05,066 --> 00:56:06,399 Whatever it is, I'd love to buy in. 1320 00:56:06,433 --> 00:56:08,501 Tell Ken to fill in the rest. 1321 00:56:08,536 --> 00:56:09,704 Prick. 1322 00:56:09,737 --> 00:56:10,872 [CLEARS THROAT] 1323 00:56:10,905 --> 00:56:12,273 [PHONE RINGING AND VIBRATING] 1324 00:56:15,076 --> 00:56:16,344 GABE [OVER SPEAKERPHONE]: Hey, Ken. 1325 00:56:16,376 --> 00:56:17,778 Hey. Hi. 1326 00:56:17,812 --> 00:56:20,615 Um, so I might need... 1327 00:56:20,648 --> 00:56:22,750 uh... 1328 00:56:22,783 --> 00:56:24,952 a new investor. Consider it done. 1329 00:56:24,986 --> 00:56:26,954 Just keep moving forward. 1330 00:56:26,988 --> 00:56:29,590 Don't think about what Grandpa Melvin used to say. 1331 00:56:29,624 --> 00:56:30,825 [WHISPERS] Prick. 1332 00:56:31,792 --> 00:56:33,393 Thank you. 1333 00:56:33,426 --> 00:56:36,063 NEWSMAN [VOICE-OVER]: Both Citadel, uh, and Point72... 1334 00:56:36,097 --> 00:56:38,465 Poor guy. [CHUCKLES] ...have infused 1335 00:56:38,498 --> 00:56:41,903 three billion dollars into, uh, Melvin Capital 1336 00:56:41,936 --> 00:56:43,104 to try to shore up... 1337 00:56:43,137 --> 00:56:45,039 Another goddamn bailout. 1338 00:56:45,072 --> 00:56:47,108 Can you believe this crap? 1339 00:56:47,141 --> 00:56:49,377 Nobody bailed me out when Richard left me alone 1340 00:56:49,409 --> 00:56:52,580 with two toddlers, a mortgage, a shit car that never works. 1341 00:56:52,613 --> 00:56:53,814 You can say "shit" but we can't? 1342 00:56:53,848 --> 00:56:55,383 JENNY: It's just so damn unfair, 1343 00:56:55,415 --> 00:56:56,584 and you know it. 1344 00:56:56,617 --> 00:56:57,818 All we've done for the last year is 1345 00:56:57,852 --> 00:57:00,054 work our asses off helping people, 1346 00:57:00,087 --> 00:57:02,657 and all we've gotten is one $600 check. 1347 00:57:02,690 --> 00:57:05,760 This idiot effs up just about as bad as anyone can eff, 1348 00:57:05,793 --> 00:57:08,829 and his friends come running in with three billion dollars. 1349 00:57:08,863 --> 00:57:11,098 That's why I keep telling you You're never gonna win. 1350 00:57:11,132 --> 00:57:12,667 Just take the money and do something nice. 1351 00:57:12,700 --> 00:57:15,736 Pay off your mortgage. Get that one braces. 1352 00:57:15,770 --> 00:57:17,571 Look who's still holding. 1353 00:57:17,605 --> 00:57:18,606 [SIGHS] 1354 00:57:18,639 --> 00:57:21,108 If he's in, I'm in. 1355 00:57:21,142 --> 00:57:22,643 Yeah, he's still gonna need braces. 1356 00:57:22,677 --> 00:57:25,846 Your teeth are perfect. So what? The stock's up $150? 1357 00:57:25,880 --> 00:57:27,782 How much higher is it gonna go? We control the price now, 1358 00:57:27,815 --> 00:57:30,651 not Wall Street, and no one on there is selling. 1359 00:57:30,685 --> 00:57:31,752 Shoes. Ugh. 1360 00:57:31,786 --> 00:57:33,354 You're all so delusional. 1361 00:57:33,387 --> 00:57:34,789 JENNY: Maybe, but look at 1362 00:57:34,822 --> 00:57:36,791 what we've managed to do with these hedge funds. 1363 00:57:36,824 --> 00:57:38,491 If we keep driving up the price, 1364 00:57:38,526 --> 00:57:39,961 maybe we'll scare more of these guys 1365 00:57:39,994 --> 00:57:41,295 into closing out their shorts, 1366 00:57:41,329 --> 00:57:43,431 and then all of that bailout money... 1367 00:57:43,463 --> 00:57:44,865 Wait. ...becomes ours. 1368 00:57:44,899 --> 00:57:47,835 Your screen name is "StonkMom"? 1369 00:57:52,373 --> 00:57:53,341 Hey. Help your mother. 1370 00:57:53,374 --> 00:57:54,508 Why me and not Keith? 1371 00:57:54,542 --> 00:57:56,010 Just shut up and do it, okay? 1372 00:57:56,043 --> 00:57:58,179 Kev, take the potatoes. 'Cause you're rich now? 1373 00:57:58,212 --> 00:57:59,880 Mr. "$23 million on paper but I won't sell." 1374 00:57:59,914 --> 00:58:03,317 Kevin, shh. Loser says what? 1375 00:58:03,351 --> 00:58:05,853 What? Kevin, let Keith tell them. 1376 00:58:08,990 --> 00:58:10,391 Tell us what? 1377 00:58:11,826 --> 00:58:14,161 Oh, uh, I was waiting to tell you in person, 1378 00:58:14,195 --> 00:58:17,665 but the, uh, stock we bet on, GameStop, is up. 1379 00:58:17,698 --> 00:58:19,834 Ah, good. 1380 00:58:19,867 --> 00:58:22,169 How much up? He's up 23 million, Pop. 1381 00:58:22,203 --> 00:58:23,738 STEVE GILL: You're an asshole. 1382 00:58:23,771 --> 00:58:26,574 Don't kid us. Uh, it's-it's real. 1383 00:58:26,607 --> 00:58:29,110 Yeah, it's real, and he's refusing to sell. 1384 00:58:30,945 --> 00:58:32,847 What is going on? 1385 00:58:32,880 --> 00:58:34,181 You're pulling our leg. 1386 00:58:34,215 --> 00:58:36,517 No. Your son's a huge Internet celebrity now. 1387 00:58:36,550 --> 00:58:38,352 Millions of people, including StonkMom, 1388 00:58:38,386 --> 00:58:40,087 thinks he's some, like-- I don't know-- investment genius. 1389 00:58:40,121 --> 00:58:41,722 No, he is a genius. No, he's not. 1390 00:58:42,857 --> 00:58:44,992 You're up 23 million? 1391 00:58:45,026 --> 00:58:46,927 [CHUCKLES] And you're not selling? 1392 00:58:48,129 --> 00:58:49,530 Jesus, Mary and Joseph. 1393 00:58:49,563 --> 00:58:51,032 What the fuck is wrong with you? 1394 00:58:51,065 --> 00:58:53,501 Do you even know how much $23 million is? 1395 00:58:53,534 --> 00:58:54,602 And you're just gonna let it ride? 1396 00:58:54,635 --> 00:58:55,669 What's the matter with you? 1397 00:58:55,703 --> 00:58:56,904 I know what I'm doing, Dad. 1398 00:58:56,937 --> 00:58:57,938 ELAINE: But why aren't you selling? 1399 00:58:57,972 --> 00:58:59,440 What-- wait. Is this illegal? 1400 00:58:59,473 --> 00:59:01,342 Are you in trouble? No. No, he's not in trouble. 1401 00:59:01,375 --> 00:59:02,743 It's totally legal. KEVIN: Yeah, he's posting 1402 00:59:02,777 --> 00:59:04,011 his balance sheet on the Internet. What? 1403 00:59:04,045 --> 00:59:05,446 Hedge fund managers, they go on CNBC 1404 00:59:05,479 --> 00:59:07,381 all the time to pump up a stock. 1405 00:59:07,415 --> 00:59:09,917 All I do is post my balance sheet on WallStreetBets 1406 00:59:09,950 --> 00:59:11,952 after market close. 1407 00:59:11,986 --> 00:59:13,421 You post your balance sheet? 1408 00:59:13,454 --> 00:59:15,456 Yeah, the same idiot who left a fresh pair of Nikes 1409 00:59:15,489 --> 00:59:17,124 out on the bleachers for just anyone to take. 1410 00:59:17,158 --> 00:59:18,859 So you admit they were stolen. We got to talk about this. 1411 00:59:18,893 --> 00:59:20,461 I admit you're a fucking moron. Least I won the race. 1412 00:59:20,494 --> 00:59:21,729 What's the point of winning the race 1413 00:59:21,762 --> 00:59:23,197 if you let some dipshit steal the prize? 1414 00:59:23,230 --> 00:59:24,698 You would've broke a four if you had the Zooms on. 1415 00:59:24,732 --> 00:59:26,067 A four-minute mile isn't everything, Kevin. 1416 00:59:26,100 --> 00:59:27,735 Maybe we should get in touch with Briggsy. 1417 00:59:27,768 --> 00:59:29,070 You know, he works in finance. 1418 00:59:29,103 --> 00:59:30,604 Yes. CAROLINE: You think Briggsy 1419 00:59:30,638 --> 00:59:32,306 knows more about this than Keith does? 1420 00:59:32,339 --> 00:59:34,208 Well, can you talk about why you're putting your stocks 1421 00:59:34,241 --> 00:59:35,743 in "The Wall Street Journal"? WallStreetBets. 1422 00:59:35,776 --> 00:59:37,546 What if somebody tries to rob you, kidnap the baby? 1423 00:59:37,578 --> 00:59:39,447 No one's gonna kidnap the baby. 1424 00:59:39,480 --> 00:59:41,115 Nobody wants that baby, Mom. STEVE GILL: I'm just saying 1425 00:59:41,148 --> 00:59:42,616 that if we're gonna talk to somebody, 1426 00:59:42,650 --> 00:59:44,218 you need to talk to Briggsy. ELAINE: Yes, honey. 1427 00:59:44,251 --> 00:59:45,486 This is the point I'm... KEITH: Enough! 1428 00:59:45,520 --> 00:59:47,054 [CHATTER STOPS] 1429 00:59:47,088 --> 00:59:48,756 You guys, Keith has literally poured his heart 1430 00:59:48,789 --> 00:59:50,291 and his soul into this for the past year. 1431 00:59:50,324 --> 00:59:52,126 He knows what he's doing. 1432 00:59:58,032 --> 01:00:00,468 I know it's been a tough time, Elaine. 1433 01:00:06,640 --> 01:00:07,741 [ELAINE CLEARS THROAT] 1434 01:00:07,775 --> 01:00:09,076 You should still sell. 1435 01:00:09,110 --> 01:00:10,911 [SIGHS] 1436 01:00:10,945 --> 01:00:12,547 Think you should sell. 1437 01:00:14,715 --> 01:00:16,518 PROFESSOR: Now, eukaryotic cells... 1438 01:00:16,551 --> 01:00:18,786 HARMONY: And just fuck the principle of the whole thing? 1439 01:00:18,819 --> 01:00:20,688 I don't like it any more than you do. 1440 01:00:20,721 --> 01:00:25,059 PROFESSOR: ...are cells that have a lot of organelles. 1441 01:00:27,161 --> 01:00:28,762 Or tiny little factories. 1442 01:00:28,796 --> 01:00:32,800 For instance, the nucleus, the mitochondria. 1443 01:00:32,833 --> 01:00:36,003 Now, eukaryotic cells are typically... 1444 01:00:36,036 --> 01:00:38,672 You really don't think that he's fucking selling? No. 1445 01:00:38,706 --> 01:00:39,707 Ladies. 1446 01:00:41,308 --> 01:00:43,177 Masks. 1447 01:00:43,210 --> 01:00:45,713 [SIREN WAILING] [EMERGENCY HORN HONKING] 1448 01:00:45,746 --> 01:00:47,715 Kids are with their father for a few days, 1449 01:00:47,748 --> 01:00:49,283 so I'm going to Florida. 1450 01:00:49,316 --> 01:00:51,986 You finally fucking sold. Halle-fucking-lujah. 1451 01:00:52,019 --> 01:00:55,189 No, I'm putting it on my Visa. You shitting me? 1452 01:00:55,222 --> 01:00:57,324 You're worth hundreds of thousands of dollars in stock, 1453 01:00:57,358 --> 01:00:58,792 and you're amassing credit card debt. 1454 01:00:58,826 --> 01:01:00,794 You really are out of your mind. 1455 01:01:00,828 --> 01:01:03,497 No, babe, I'm all in. 1456 01:01:03,532 --> 01:01:05,032 Diamond hand. 1457 01:01:05,065 --> 01:01:06,967 Did you know that Gabe Plotkin gave an interview? 1458 01:01:07,001 --> 01:01:09,670 He's been getting death threats and anti-Semitic messages 1459 01:01:09,703 --> 01:01:11,405 from these WSB guys. It was ten comments. 1460 01:01:11,438 --> 01:01:12,907 There's always bad apples. [ELEVATOR BELL DINGS] 1461 01:01:12,940 --> 01:01:14,643 And the moderators deleted it right away. 1462 01:01:14,675 --> 01:01:16,810 You're just gonna ride this thing till zero? 1463 01:01:16,844 --> 01:01:19,346 No. I'm buying call options. 1464 01:01:19,380 --> 01:01:21,315 [WHISPERS] That could go to 600 by tomorrow. 1465 01:01:21,348 --> 01:01:23,017 [WHISPERS] Your kid is never getting braces. 1466 01:01:23,050 --> 01:01:24,619 [DOG BARKING IN DISTANCE] 1467 01:01:29,857 --> 01:01:31,892 MARCOS [VOICE-OVER]: There's eight million people in there, 1468 01:01:31,926 --> 01:01:32,893 and they're all holding. 1469 01:01:32,927 --> 01:01:34,261 It's only gonna go up. 1470 01:01:34,295 --> 01:01:36,263 [IN SPANISH] 1471 01:01:38,633 --> 01:01:39,934 Pops. 1472 01:01:41,902 --> 01:01:43,737 Look. 1473 01:01:43,771 --> 01:01:45,206 This is real. 1474 01:01:45,239 --> 01:01:46,273 Hold it. Look. [IN ENGLISH] Hey. 1475 01:01:46,307 --> 01:01:48,610 Aw, man. [CHUCKLES] 1476 01:01:48,643 --> 01:01:50,679 Eight million people is real. 1477 01:01:50,711 --> 01:01:52,446 [IN SPANISH] 1478 01:01:56,116 --> 01:01:57,184 It's a joke. 1479 01:01:57,218 --> 01:01:58,520 MOM [IN SPANISH]: 1480 01:01:58,553 --> 01:01:59,954 [IN ENGLISH] It's not funny. 1481 01:02:03,824 --> 01:02:05,527 Ma. 1482 01:02:05,560 --> 01:02:06,927 [SIGHS] Look. 1483 01:02:06,961 --> 01:02:09,196 I got $175,000 in stock right now. 1484 01:02:09,230 --> 01:02:10,764 [IN SPANISH] 1485 01:02:10,798 --> 01:02:12,567 Like, serious money, like, I could get y'all a house 1486 01:02:12,601 --> 01:02:14,468 and get y'all up out of here kind of money. 1487 01:02:18,172 --> 01:02:19,608 Uh-huh. 1488 01:02:19,641 --> 01:02:22,309 I bought call options, for cheap. 1489 01:02:22,343 --> 01:02:24,078 And they hit. 1490 01:02:24,111 --> 01:02:25,412 [IN ENGLISH] So now you're gonna sell? 1491 01:02:25,446 --> 01:02:27,582 Nah. No, I'm-a buy more. 1492 01:02:27,616 --> 01:02:29,483 [IN SPANISH] 1493 01:02:29,517 --> 01:02:31,553 When they hit, I'm-a buy you a mansion. 1494 01:02:31,586 --> 01:02:33,988 It's gonna be crazy. 1495 01:02:37,324 --> 01:02:38,459 Papi. 1496 01:02:49,003 --> 01:02:50,804 [SNORTS, CHUCKLES] [SPEAKS SPANISH ANGRILY] 1497 01:02:50,838 --> 01:02:52,840 NEWSMAN: Some breaking news right now 1498 01:02:52,873 --> 01:02:55,809 on what has turned into, uh, the soap opera 1499 01:02:55,843 --> 01:02:57,845 and, uh, saga of the markets right now, 1500 01:02:57,878 --> 01:02:59,980 and that is the story of GameStop. 1501 01:03:00,014 --> 01:03:01,415 A month ago today, it was trading at 1502 01:03:01,448 --> 01:03:02,983 about 20 bucks per share. 1503 01:03:03,017 --> 01:03:04,952 Two days ago, it was under $80. 1504 01:03:04,985 --> 01:03:08,355 Today, nearly $350 a share. 1505 01:03:08,389 --> 01:03:10,090 The GameStop stock frenzy 1506 01:03:10,124 --> 01:03:12,426 even now has the attention of the White House. 1507 01:03:12,459 --> 01:03:14,028 JEN PSAKI: ...of course, our economic team, including 1508 01:03:14,061 --> 01:03:15,262 Secretary Yellen and others, 1509 01:03:15,296 --> 01:03:16,930 are monitoring, uh, the situation. 1510 01:03:16,964 --> 01:03:18,932 You're witnessing the French Revolution of finance. 1511 01:03:18,966 --> 01:03:20,535 There is a rebellion aspect to it. 1512 01:03:20,568 --> 01:03:22,436 There is an antiestablishment aspect to it. 1513 01:03:22,469 --> 01:03:23,772 I-I don't know if Wall Street's ever seen it 1514 01:03:23,804 --> 01:03:25,005 like this before, Cher. No. 1515 01:03:25,039 --> 01:03:26,641 We never have. It's generational. 1516 01:03:26,675 --> 01:03:28,475 It's like, uh, generational injustices or like... 1517 01:03:28,510 --> 01:03:31,478 MAN: This is like little poor guys versus rich guys, 1518 01:03:31,513 --> 01:03:34,281 and poor guys are winning right now. 1519 01:03:34,315 --> 01:03:35,816 WOMAN: Fucking hold. If you're new here 1520 01:03:35,849 --> 01:03:37,184 and you're trying to make a profit, fuck off. 1521 01:03:37,217 --> 01:03:38,653 Stop what you're doing and listen up. 1522 01:03:38,687 --> 01:03:41,322 I own GameStop on Robinhood, and I am not selling. 1523 01:03:41,355 --> 01:03:43,123 Hold. All you need to do is hold. 1524 01:03:43,157 --> 01:03:45,159 Keep fucking holding. ["SEVEN NATION ARMY" PLAYING] 1525 01:03:45,192 --> 01:03:48,962 Soon the Tendieman comes to send our rocket to the sun. 1526 01:03:48,996 --> 01:03:50,565 See, this right here is the human being 1527 01:03:50,598 --> 01:03:53,702 who's largely responsible for all this GameStop stuff. 1528 01:03:53,735 --> 01:03:56,136 Just a pure specimen. 1529 01:03:56,170 --> 01:04:00,508 A godlike, undefeatable creature. 1530 01:04:00,542 --> 01:04:03,645 This is what excellence looks like. 1531 01:04:03,678 --> 01:04:06,146 I just like the stock. MAN: Yesterday he posted this, 1532 01:04:06,180 --> 01:04:09,483 that he's in profit-- wait for it-- 1533 01:04:09,517 --> 01:04:11,653 47 million. 1534 01:04:11,686 --> 01:04:13,220 [SONG ENDS] 1535 01:04:13,253 --> 01:04:14,689 STUDENT: What the fuck is happening? 1536 01:04:14,723 --> 01:04:17,424 [PEOPLE MURMURING] STUDENT 2: Motherfucker! 1537 01:04:17,458 --> 01:04:19,259 [CONCERNED CHATTER] 1538 01:04:19,293 --> 01:04:20,861 Hey, did you try a different browser? 1539 01:04:20,894 --> 01:04:22,797 I opened the browser. Shit, we're fucked. 1540 01:04:24,365 --> 01:04:25,999 Bro, what the fuck? What the fuck, dude? 1541 01:04:26,033 --> 01:04:27,769 I told you this shit is rigged. 1542 01:04:28,869 --> 01:04:30,638 What the fuck is going on? 1543 01:04:32,373 --> 01:04:33,708 I can't get it to load. 1544 01:04:36,410 --> 01:04:37,545 [PHONE DINGS] 1545 01:04:40,381 --> 01:04:41,482 Fuck! 1546 01:04:45,587 --> 01:04:46,788 What? 1547 01:04:49,557 --> 01:04:51,726 They shut down WallStreetBets. 1548 01:04:51,760 --> 01:04:52,960 CAROLINE: What? 1549 01:04:52,993 --> 01:04:55,062 "Hateful and discriminatory content." 1550 01:04:55,095 --> 01:04:56,997 That stuff has always been on there. 1551 01:05:02,136 --> 01:05:03,303 That's weird. 1552 01:05:03,337 --> 01:05:05,205 No? 1553 01:05:05,239 --> 01:05:07,207 It's like they're trying to stop people 1554 01:05:07,241 --> 01:05:08,710 from talking to each other. 1555 01:05:08,743 --> 01:05:09,910 [PHONE VIBRATING] 1556 01:05:16,116 --> 01:05:18,018 Babe, are you gonna get that? Yes. 1557 01:05:21,288 --> 01:05:22,524 Hello? 1558 01:05:23,625 --> 01:05:26,059 Uh, yes, I am. 1559 01:05:26,093 --> 01:05:30,532 Uh, I am Roaring Kitty and DeepEffingValue. 1560 01:05:32,634 --> 01:05:34,935 Uh, no, but-but, uh, nobody ever asked me. 1561 01:05:37,271 --> 01:05:39,006 Oh. Okay. 1562 01:05:39,039 --> 01:05:41,942 Uh, sir, I just want to say how grateful I am for this job 1563 01:05:41,975 --> 01:05:43,912 and how much it means to me and my family. 1564 01:05:43,944 --> 01:05:46,146 I would never let a hobby jeopardize... 1565 01:05:47,981 --> 01:05:50,050 Okay. I understand. 1566 01:05:55,523 --> 01:05:57,491 Yeah? It's MassMutual. 1567 01:05:57,525 --> 01:05:59,493 They're getting calls from reporters 1568 01:05:59,527 --> 01:06:01,763 concerned about my outside activities. 1569 01:06:01,796 --> 01:06:03,531 Was all this against the rules? 1570 01:06:03,565 --> 01:06:05,265 Uh, it wasn't. 1571 01:06:05,299 --> 01:06:06,634 Maybe now it is. 1572 01:06:06,668 --> 01:06:08,001 Okay. 1573 01:06:10,404 --> 01:06:12,339 Well, what was that call? 1574 01:06:13,675 --> 01:06:15,042 Keith? It's okay. 1575 01:06:15,075 --> 01:06:16,644 What, are you gonna lose your job? 1576 01:06:16,678 --> 01:06:18,111 It's fine. 1577 01:06:18,145 --> 01:06:20,147 They gave me a choice. Between what? 1578 01:06:20,180 --> 01:06:21,950 Between your job and Roaring Kitty? 1579 01:06:21,982 --> 01:06:23,150 [BABY CRYING OVER MONITOR] 1580 01:06:23,183 --> 01:06:25,787 Uh, resign or I'm fired. 1581 01:06:25,820 --> 01:06:28,188 That's what he just said? [CRYING CONTINUES LOUDER] 1582 01:06:28,222 --> 01:06:29,156 I got it. 1583 01:06:30,859 --> 01:06:32,459 HARMONY [VOICE-OVER]: Fuck it, WallStreetBets is down. 1584 01:06:32,493 --> 01:06:33,862 I can't see Roaring Kitty's balance sheet. 1585 01:06:33,895 --> 01:06:35,630 Oh, fuck. I don't know what to do. 1586 01:06:35,663 --> 01:06:37,197 This could be the sell-off. 1587 01:06:37,231 --> 01:06:39,299 I really don't want to do that. 1588 01:06:39,333 --> 01:06:42,169 Well, me neither, but you can't let it go to zero. 1589 01:06:43,505 --> 01:06:45,640 It's 150 grand. You need that money. 1590 01:06:45,673 --> 01:06:48,442 And nobody's gonna hold if they can't see what he's doing. 1591 01:06:50,712 --> 01:06:52,079 Close your eyes and count to three. 1592 01:06:52,112 --> 01:06:53,515 One. 1593 01:06:55,415 --> 01:06:56,450 BOTH: Two. 1594 01:06:57,886 --> 01:07:00,020 Three. Three. [SIGHS] 1595 01:07:02,122 --> 01:07:03,558 ♪ Stop fucking with my heart... ♪ 1596 01:07:03,591 --> 01:07:04,926 Your phone's ringing. [MUSIC CONTINUES LOUDLY] 1597 01:07:04,959 --> 01:07:06,928 This is the sound of the world. 1598 01:07:06,961 --> 01:07:08,395 Your phone's ringing. 1599 01:07:08,428 --> 01:07:10,565 Oh, Robinhood. 1600 01:07:10,598 --> 01:07:12,534 Yeah. It's an app. 1601 01:07:12,567 --> 01:07:14,201 It's on the phone. 1602 01:07:14,234 --> 01:07:16,203 Yeah, no, your-your phone is ringing. 1603 01:07:16,236 --> 01:07:17,906 Oh. 1604 01:07:17,939 --> 01:07:20,107 Yes. Yes. 1605 01:07:20,140 --> 01:07:22,911 ♪ I'm a boss in a fucking dress... ♪ 1606 01:07:22,944 --> 01:07:25,345 Slow down, Norm. Wh-What did you say? 1607 01:07:25,379 --> 01:07:27,849 The NSCC just sent us a file. 1608 01:07:27,882 --> 01:07:30,018 They want a deposit of three billion 1609 01:07:30,050 --> 01:07:31,553 to clear all the trades coming in. 1610 01:07:31,586 --> 01:07:33,420 Sorry. 1611 01:07:33,453 --> 01:07:34,689 Wait, who? 1612 01:07:34,722 --> 01:07:37,057 They're a subsidiary of the DTCC, 1613 01:07:37,090 --> 01:07:40,193 and they're requesting three billion. 1614 01:07:40,227 --> 01:07:41,963 Uh, okay. 1615 01:07:41,996 --> 01:07:43,263 Sorry, it's a little loud in here. 1616 01:07:43,297 --> 01:07:45,700 I thought you just said three billion. 1617 01:07:45,733 --> 01:07:47,869 I did. 1618 01:07:47,902 --> 01:07:49,571 But we don't have three billion, Norm. 1619 01:07:49,604 --> 01:07:50,872 That's correct. 1620 01:07:50,905 --> 01:07:52,239 We've only ever raised two billion 1621 01:07:52,272 --> 01:07:53,741 in the history of the company. 1622 01:07:53,775 --> 01:07:56,578 Holy fuck. What if we don't pay? 1623 01:07:56,611 --> 01:07:57,946 They shut us down. 1624 01:07:59,479 --> 01:08:01,950 The IPO? Like, everything? Poof? 1625 01:08:01,983 --> 01:08:03,818 Gretchen, Dan and I are going to jump on a call 1626 01:08:03,851 --> 01:08:04,786 with Citadel at 9:00. 1627 01:08:08,488 --> 01:08:10,223 Maybe this would be a good time for me 1628 01:08:10,257 --> 01:08:12,125 to chat with Ken Griffin. 1629 01:08:12,159 --> 01:08:14,662 Sure. We'll mention that. 1630 01:08:15,997 --> 01:08:18,967 I can't sleep. Me neither. 1631 01:08:19,000 --> 01:08:21,134 I just feel sick. 1632 01:08:21,168 --> 01:08:23,004 We'll buy it back first thing. 1633 01:08:24,137 --> 01:08:26,373 ROOMMATE: Please shut up. 1634 01:08:37,284 --> 01:08:38,653 [SIGHS] 1635 01:08:40,955 --> 01:08:42,222 What the fuck? 1636 01:08:45,459 --> 01:08:46,460 Oh, what the fuck? 1637 01:08:48,029 --> 01:08:50,163 HARMONY: What the fuck? RIRI: Okay, let me try. 1638 01:08:50,197 --> 01:08:52,132 Is it frozen? 1639 01:08:56,838 --> 01:08:58,506 Th-They cut off the buy option. 1640 01:08:59,707 --> 01:09:01,441 What? That's fucking criminal. 1641 01:09:01,475 --> 01:09:02,810 VLAD: I can't hear you, Baiju. 1642 01:09:02,844 --> 01:09:04,846 BAIJU: What the fuck did you do? Calm down. 1643 01:09:04,879 --> 01:09:07,147 Me calm down? You shut down trading on GameStop? 1644 01:09:07,180 --> 01:09:08,549 Not all trading. 1645 01:09:08,583 --> 01:09:09,884 Norm worked it out. [BABY CRYING OVER PHONE] 1646 01:09:09,917 --> 01:09:12,020 The DTCC agreed to lower the deposit 1647 01:09:12,053 --> 01:09:15,657 to $700 million if we shut off buying, and that's what I did. 1648 01:09:15,690 --> 01:09:17,525 The Depository Trade Commission? [BLENDER WHIRRING] 1649 01:09:17,558 --> 01:09:19,727 They're like one degree away from Ken Griffin. 1650 01:09:19,761 --> 01:09:20,995 One more time, Baiju. [BLENDER STOPS] 1651 01:09:21,029 --> 01:09:23,330 We look like Ken Griffin's butt boys. 1652 01:09:23,363 --> 01:09:25,465 [BLENDER WHIRRING] [BABY CRYING OVER PHONE] 1653 01:09:25,499 --> 01:09:26,901 What? 1654 01:09:26,934 --> 01:09:28,468 It's not gonna be okay. You need to fix this. 1655 01:09:28,502 --> 01:09:30,538 Shh, shh. I know. I know. It's okay. 1656 01:09:30,571 --> 01:09:32,674 I did fix it, Baiju. 1657 01:09:34,408 --> 01:09:37,310 We've been watching shares of GameStop all day long. 1658 01:09:37,344 --> 01:09:40,748 After hitting a staggering high of $483, 1659 01:09:40,782 --> 01:09:44,018 the shares are now down to about 140. 1660 01:09:44,052 --> 01:09:46,921 Now, the best we can tell is the Robinhood app, 1661 01:09:46,954 --> 01:09:49,691 that seems to have triggered what really has become 1662 01:09:49,724 --> 01:09:52,060 a panic sell-off in this name. 1663 01:09:52,093 --> 01:09:54,662 And so if you're a retail investor or a Reddit user 1664 01:09:54,696 --> 01:09:56,496 and you've held, 1665 01:09:56,531 --> 01:09:59,901 well, you are feeling some serious pain right now. 1666 01:09:59,934 --> 01:10:01,301 [SIGHS] Oh, God. 1667 01:10:02,637 --> 01:10:04,337 Fuck. NEWSMAN: Now the criticism 1668 01:10:04,371 --> 01:10:07,407 centered on Robinhood for abandoning their followers here 1669 01:10:07,441 --> 01:10:09,409 in favor of helping those who had shorted 1670 01:10:09,443 --> 01:10:10,945 all these stocks in the first place. 1671 01:10:10,978 --> 01:10:12,412 [CROWD CLAMORING] NEWSWOMAN: I don't particularly 1672 01:10:12,446 --> 01:10:13,948 like the move on Robinhood today. 1673 01:10:13,981 --> 01:10:15,783 I'm talking to people this morning that say... Hey! 1674 01:10:15,817 --> 01:10:17,051 "Okay, that is anti-capitalism. 1675 01:10:17,085 --> 01:10:18,553 You can't do that." Fuck you, Robinhood! 1676 01:10:18,586 --> 01:10:20,588 NEWSMAN 2: There's been some controversy 1677 01:10:20,621 --> 01:10:22,690 about Citadel and some vague accusations 1678 01:10:22,724 --> 01:10:24,892 that somehow Citadel may have been involved 1679 01:10:24,926 --> 01:10:26,928 in Robinhood's decision, Wolf, 1680 01:10:26,961 --> 01:10:29,897 to stop or restrict trading in GameStop and other shorts. 1681 01:10:29,931 --> 01:10:32,100 YAARA [VOICE-OVER]: Who is it from? 1682 01:10:32,133 --> 01:10:34,068 "The Tendieman." 1683 01:10:35,570 --> 01:10:36,637 Come back inside. 1684 01:10:36,671 --> 01:10:37,972 DRIVER: Diamond fucking hands! 1685 01:10:40,174 --> 01:10:42,643 DAVE PORTNOY [VOICE-OVER]: We all know how I feel about him. 1686 01:10:42,677 --> 01:10:44,545 I think he's a rat and a liar. 1687 01:10:44,579 --> 01:10:47,782 Okay, Vlad, you know everybody here who's watching us 1688 01:10:47,815 --> 01:10:50,317 hates your guts, right? 1689 01:10:50,350 --> 01:10:51,719 Thank you, Dave. 1690 01:10:51,753 --> 01:10:53,554 That's, uh, that's what I hear. 1691 01:10:53,588 --> 01:10:56,323 Uh, but I'm, uh, I'm a really big fan of your show, 1692 01:10:56,356 --> 01:10:58,960 and hopefully I can answer some of your questions. 1693 01:10:58,993 --> 01:11:00,260 SRIRAM KRISHNAN: Vlad, uh, can you hear us? 1694 01:11:00,293 --> 01:11:01,261 ELON MUSK: Vlad the Stock Impaler. 1695 01:11:01,294 --> 01:11:02,797 Yes, I'm here. Hi. [LAUGHS] 1696 01:11:02,830 --> 01:11:04,966 Spill the beans, man. What happened last week? 1697 01:11:04,999 --> 01:11:07,902 Why couldn't people buy the GameStop shares? 1698 01:11:07,935 --> 01:11:09,804 The people demand an answer. 1699 01:11:09,837 --> 01:11:11,304 To give you some background, 1700 01:11:11,338 --> 01:11:12,940 I'm chief executive of Robinhood. 1701 01:11:12,974 --> 01:11:14,509 Yeah, we know that. [INDISTINCT CHATTER, LAUGHTER] 1702 01:11:14,542 --> 01:11:17,512 And I just want to say, we had no liquidity problem. 1703 01:11:17,545 --> 01:11:19,514 Well, did something maybe shady go down here? 1704 01:11:19,547 --> 01:11:21,182 Seems weird that you'd get a sudden 1705 01:11:21,215 --> 01:11:22,415 ten billion dollar demand, 1706 01:11:22,449 --> 01:11:23,483 you know... Three. Three billion. 1707 01:11:23,518 --> 01:11:24,752 Okay, thr-three billion 1708 01:11:24,786 --> 01:11:26,319 just suddenly out of nowhere, um, and... 1709 01:11:26,353 --> 01:11:29,257 Well, I wouldn't impute any shadiness to-to any of this. 1710 01:11:29,289 --> 01:11:32,193 Um, I don't have the full context, uh, 1711 01:11:32,226 --> 01:11:34,662 as to what was going on with the NSCC 1712 01:11:34,695 --> 01:11:38,199 to-to, uh, make these calculations. 1713 01:11:38,232 --> 01:11:40,433 To what degree are you beholden to Citadel? 1714 01:11:40,467 --> 01:11:42,537 I mean, like, basically, if Citadel is unhappy, 1715 01:11:42,570 --> 01:11:44,105 then what happens? 1716 01:11:44,138 --> 01:11:46,107 Is anyone, is anyone holding you hostage right now? 1717 01:11:46,140 --> 01:11:48,308 [CHUCKLES] Uh, n-no. [LAUGHS] 1718 01:11:48,341 --> 01:11:50,211 There's just no rational explanation 1719 01:11:50,244 --> 01:11:51,813 on why they would do what they did 1720 01:11:51,846 --> 01:11:54,314 without outside pressure, interference. 1721 01:11:54,347 --> 01:11:57,151 And they basically cratered the stock on purpose. 1722 01:11:57,185 --> 01:12:00,188 So, I-I just don't believe anything that guy says. 1723 01:12:00,221 --> 01:12:02,890 I wanted to take a cold shower after seeing him say that. 1724 01:12:02,924 --> 01:12:04,959 Robinhood is facing lawsuits. We know that. 1725 01:12:04,992 --> 01:12:06,459 After halting trades, 1726 01:12:06,493 --> 01:12:08,796 they are accused of rigging the market. 1727 01:12:08,830 --> 01:12:11,132 When the big guys, including one of your main investors 1728 01:12:11,165 --> 01:12:13,034 in your company, started to lose, 1729 01:12:13,067 --> 01:12:15,536 you shut down the game to starve the little guy. 1730 01:12:15,570 --> 01:12:18,706 They're stealing from the poor and giving back to the rich! 1731 01:12:18,739 --> 01:12:21,242 They're robbing from the hood! 1732 01:12:21,275 --> 01:12:22,977 Why?! I want to be 100% clear. 1733 01:12:23,010 --> 01:12:25,046 All of you guys deserve to go burn in hell and go to jail. 1734 01:12:25,079 --> 01:12:26,681 This decision to restrict trade was not made... 1735 01:12:26,714 --> 01:12:28,316 I'm just trying to get my mom out of the hood. 1736 01:12:28,348 --> 01:12:29,917 ...on the direction of Citadel or any market maker. 1737 01:12:29,951 --> 01:12:31,219 What the fuck? Fuck you! 1738 01:12:31,252 --> 01:12:32,352 [SPITS] And your mama dukes, 1739 01:12:32,385 --> 01:12:33,855 you motherfucking... Fuck this guy. 1740 01:12:33,888 --> 01:12:36,891 Ugh. This guy is just an obfuscating piece of shit. 1741 01:12:36,924 --> 01:12:38,526 Fucker. [SIGHS] 1742 01:12:38,559 --> 01:12:41,028 There's only one man I want to hear from right now. 1743 01:12:41,062 --> 01:12:43,764 And WallStreetBets is down, so it's crickets. 1744 01:12:43,798 --> 01:12:46,000 It's crickets out here. 1745 01:12:46,033 --> 01:12:47,500 Say it with me. 1746 01:12:47,535 --> 01:12:49,570 BOTH: Where my pussy at?! 1747 01:12:49,604 --> 01:12:50,838 [CROWD CLAMORING, CHEERING] 1748 01:12:50,872 --> 01:12:52,840 MAN: Mr. Gill! MAN 2: Mr. Gill! 1749 01:12:52,874 --> 01:12:54,542 MAN 3: Roaring Kitty, I fucking love you! 1750 01:12:54,575 --> 01:12:56,443 Keith Gill! [CLAMORING CONTINUES] 1751 01:12:56,476 --> 01:12:58,045 Keith Gill, please! Okay. 1752 01:12:58,079 --> 01:13:00,615 Please. Oh, sorry, this is, like, my house. 1753 01:13:00,648 --> 01:13:02,350 Uh, you want my autograph? 1754 01:13:02,382 --> 01:13:03,517 Yeah. 1755 01:13:03,551 --> 01:13:04,619 You've been served. 1756 01:13:06,153 --> 01:13:07,555 [LAUGHS] 1757 01:13:07,588 --> 01:13:09,557 MAN: Hey! To the moon, baby! 1758 01:13:09,590 --> 01:13:10,791 To the moon! MAN 2: How long are you gonna 1759 01:13:10,825 --> 01:13:12,660 hold on, Mr. Gill?! Holy shit. 1760 01:13:16,797 --> 01:13:18,232 Uh, sorry to interrupt. 1761 01:13:18,266 --> 01:13:20,601 We need to talk about the GameStop situation. 1762 01:13:20,635 --> 01:13:21,602 I thought Mecane was handling it. 1763 01:13:21,636 --> 01:13:23,070 LAWYER: So did we. 1764 01:13:23,104 --> 01:13:25,306 But the committee specifically requested you, sir. 1765 01:13:25,339 --> 01:13:27,642 If they want specifics, they can have Mecane. 1766 01:13:27,675 --> 01:13:29,577 It's not a choice, unfortunately. 1767 01:13:34,115 --> 01:13:35,549 Shit balls. 1768 01:13:35,583 --> 01:13:37,919 [TYPING ON KEYBOARD] 1769 01:13:37,952 --> 01:13:38,853 CAROLINE: Keith? 1770 01:13:40,621 --> 01:13:43,490 A congressional subpoena. I never did anything illegal, 1771 01:13:43,524 --> 01:13:44,959 and I always had disclaimers. 1772 01:13:44,992 --> 01:13:46,727 Why would you have disclaimers 1773 01:13:46,761 --> 01:13:48,296 if you weren't worried? 1774 01:13:48,329 --> 01:13:49,764 [SIGHS] They're standard practice, Caroline. 1775 01:13:49,797 --> 01:13:50,698 Everyone has them. 1776 01:13:55,937 --> 01:13:57,038 Babe. 1777 01:14:00,141 --> 01:14:03,277 The answer is not in your computer. Whoa. 1778 01:14:03,311 --> 01:14:04,979 There's a dozen reporters on our lawn. 1779 01:14:05,012 --> 01:14:07,982 You have to testify before Congress. 1780 01:14:08,015 --> 01:14:10,918 The game has changed. I know. I hear you. 1781 01:14:10,952 --> 01:14:12,386 I don't think you do. 1782 01:14:18,225 --> 01:14:19,694 I'll make it work. 1783 01:14:20,995 --> 01:14:22,797 And we're gonna go to my mother's. 1784 01:14:22,830 --> 01:14:24,332 [CHUCKLES] No, she has terrible Wi-Fi. 1785 01:14:24,365 --> 01:14:26,200 I'm not talking about you. 1786 01:14:26,233 --> 01:14:28,369 I'm talking about me and her. 1787 01:14:28,402 --> 01:14:30,705 You need to figure this out. 1788 01:14:35,910 --> 01:14:36,911 [CROWD CHEERING FAINTLY] 1789 01:14:43,718 --> 01:14:46,053 Where are you going? To the track. 1790 01:14:46,087 --> 01:14:48,189 You were just on the track. I'm going again. 1791 01:14:50,691 --> 01:14:52,593 [QUIET CHATTER] 1792 01:14:53,928 --> 01:14:55,329 [SIGHS] 1793 01:14:58,232 --> 01:14:59,633 Hi. Can I interest you 1794 01:14:59,667 --> 01:15:01,736 in some champagne or a mimosa? Is it free? 1795 01:15:01,769 --> 01:15:03,137 It is when you sit up here. 1796 01:15:03,170 --> 01:15:05,006 Well, there's a last time for everything. 1797 01:15:05,039 --> 01:15:06,507 Oh. You'll come back. 1798 01:15:06,540 --> 01:15:09,410 I had half a million in stocks last week, 1799 01:15:09,443 --> 01:15:11,178 but Wall Street cheated. 1800 01:15:11,212 --> 01:15:12,546 Surprise, surprise. 1801 01:15:14,281 --> 01:15:16,550 I could've cashed out. 1802 01:15:16,584 --> 01:15:18,386 I could've paid my mortgage. 1803 01:15:18,419 --> 01:15:20,554 Could've got my kid braces, got a new car. 1804 01:15:20,588 --> 01:15:22,723 [WHISPERS] Honey, I'm gonna get you something stronger. 1805 01:15:22,757 --> 01:15:24,291 Thank you. You're welcome. 1806 01:15:30,431 --> 01:15:32,033 KEVIN: Meow. Kitty. 1807 01:15:32,066 --> 01:15:34,235 You know you can't just eat other people's food? 1808 01:15:34,268 --> 01:15:36,270 They do reviews, right? [SCOFFS] Very funny. 1809 01:15:36,303 --> 01:15:37,271 Here. 1810 01:15:37,304 --> 01:15:39,173 What's this? 1811 01:15:39,206 --> 01:15:40,509 Look, they were on sale, all right, 1812 01:15:40,541 --> 01:15:41,709 before you get all emotional and shit. 1813 01:15:41,742 --> 01:15:43,778 Holy shit, you fucking softy. 1814 01:15:43,811 --> 01:15:46,013 Who put you up to this? Caro? Ma? 1815 01:15:46,047 --> 01:15:48,349 No, Dad. Called me in tears, said my big brother needed 1816 01:15:48,382 --> 01:15:50,418 some moral support. Ha ha. Fuck off. 1817 01:15:50,451 --> 01:15:51,952 I can't. Come on, man. 1818 01:15:51,986 --> 01:15:54,055 Will you at least try 'em on, please? [SIGHS] 1819 01:15:54,088 --> 01:15:56,590 Try 'em. Come on, you're the richest man in Brockton. 1820 01:15:56,624 --> 01:15:58,793 You dress like an asshole. I lost 15 million yesterday 1821 01:15:58,826 --> 01:16:00,628 and another 15 the day before that. 1822 01:16:00,661 --> 01:16:03,764 You're still the richest man in Brockton, like, by far. 1823 01:16:03,798 --> 01:16:07,234 Bro, you got rich dudes pissing in their pants right now. 1824 01:16:07,268 --> 01:16:08,636 I mean, come on, man. 1825 01:16:08,669 --> 01:16:10,371 How many people from Brockton High can say that? 1826 01:16:10,404 --> 01:16:11,906 This has gone crazy. 1827 01:16:11,939 --> 01:16:14,475 I got reporters hounding me outside my house. 1828 01:16:14,509 --> 01:16:16,644 Yeah, man, me, too. They're coming after you. 1829 01:16:18,145 --> 01:16:19,747 You didn't talk to them, did you? 1830 01:16:19,780 --> 01:16:21,649 What do I look like? I said no. 1831 01:16:21,682 --> 01:16:23,084 I said, "Give me 50 grand, maybe." 1832 01:16:23,117 --> 01:16:24,819 Tell me you're kidding. Well, if you give me 20, 1833 01:16:24,852 --> 01:16:26,821 then maybe we wouldn't have to deal with this shit. 1834 01:16:26,854 --> 01:16:28,389 The fuck is wrong with you?! 1835 01:16:28,422 --> 01:16:31,459 Kevin! I've just been subpoenaed by Congress, man. 1836 01:16:31,492 --> 01:16:33,127 I do not have time for your bullshit. 1837 01:16:33,160 --> 01:16:35,496 Oh, come off it, man! Seriously, asshole! 1838 01:16:35,530 --> 01:16:36,565 Chill! Fuck! 1839 01:16:36,597 --> 01:16:38,466 It was a joke! 1840 01:16:38,499 --> 01:16:39,967 [KEITH SIGHS] 1841 01:16:41,969 --> 01:16:43,270 [KEITH GROANS] 1842 01:16:45,606 --> 01:16:47,108 I know. 1843 01:16:47,141 --> 01:16:48,375 Sorry. 1844 01:16:49,844 --> 01:16:51,779 [KEITH SIGHS HEAVILY] 1845 01:16:55,216 --> 01:16:58,052 We never used to fight this much. 1846 01:17:00,221 --> 01:17:02,756 Sara. I miss her. 1847 01:17:02,790 --> 01:17:04,291 Me, too. 1848 01:17:04,325 --> 01:17:06,093 She kept your ego in check. 1849 01:17:06,127 --> 01:17:08,195 Whole fucking world kept my ego in check. 1850 01:17:09,830 --> 01:17:13,367 What the fuck are you gonna tell Congress, Keith? Huh? 1851 01:17:13,400 --> 01:17:15,336 Beg them not to send me to prison? 1852 01:17:17,572 --> 01:17:19,173 Hey. 1853 01:17:19,206 --> 01:17:21,442 Hey, do you, do you remember back at Stonehill 1854 01:17:21,475 --> 01:17:23,844 when they dared me to run that mile naked? 1855 01:17:23,878 --> 01:17:26,013 Yeah, there was a crazy storm that night, you dumb shit. 1856 01:17:26,046 --> 01:17:27,448 [LAUGHS] Fuck you, man. 1857 01:17:27,481 --> 01:17:29,618 That was dope, man. I'm a legend over there. 1858 01:17:29,650 --> 01:17:31,285 Everybody remembers that. Okay. 1859 01:17:31,318 --> 01:17:32,853 They do, man. You don't think people remember 1860 01:17:32,887 --> 01:17:34,688 your four-minute, three-second mile? Oh. 1861 01:17:34,722 --> 01:17:35,990 What is this, a pep talk? 1862 01:17:36,023 --> 01:17:37,691 Motherfucker, stop hiding. 1863 01:17:37,725 --> 01:17:39,326 Seriously. Okay? 1864 01:17:39,360 --> 01:17:42,029 Stop being all meek and shit and running away. 1865 01:17:42,062 --> 01:17:43,397 What, you want me to run through lightning 1866 01:17:43,430 --> 01:17:45,399 with my dick out? Yeah. 1867 01:17:45,432 --> 01:17:47,569 Please. Exactly that. 1868 01:17:47,602 --> 01:17:49,737 Run through lightning with your dick out. 1869 01:17:49,770 --> 01:17:50,905 Fuck it. 1870 01:17:52,339 --> 01:17:54,241 [CROWD CLAMORING] 1871 01:17:56,076 --> 01:17:58,879 [VEHICLE DOOR OPENS, CLOSES] 1872 01:17:58,913 --> 01:18:00,681 You didn't go to your mom's? 1873 01:18:02,283 --> 01:18:04,553 You took the car. 1874 01:18:04,586 --> 01:18:07,087 [SIGHS] How was the run? Did it clear your head? 1875 01:18:07,121 --> 01:18:09,558 Uh, Kev found me, brought me these. 1876 01:18:09,591 --> 01:18:12,693 Mm. You guys talked? 1877 01:18:12,726 --> 01:18:15,696 Yeah. He, uh, told me to run naked. 1878 01:18:15,729 --> 01:18:17,698 You ran naked? No. 1879 01:18:17,731 --> 01:18:19,099 Uh, it's a metaphor. 1880 01:18:19,133 --> 01:18:21,468 He's saying I got to take this thing head-on. 1881 01:18:22,604 --> 01:18:23,737 Well... 1882 01:18:29,076 --> 01:18:30,978 Kind of like to see you run naked. 1883 01:18:32,479 --> 01:18:34,248 [CROWD EXCLAIMING, SCREAMING] 1884 01:18:34,281 --> 01:18:36,283 By the way, uh, WallStreetBets is back up. 1885 01:18:38,653 --> 01:18:42,022 The motherfucker held. Holy shit. 1886 01:18:42,056 --> 01:18:45,226 He lost $30 million, and he still fucking held. 1887 01:18:48,062 --> 01:18:50,798 Robinhood's back up. What? 1888 01:18:50,831 --> 01:18:52,066 We got to get back in. 1889 01:18:52,099 --> 01:18:55,570 Where's the stock at right now? 109. 1890 01:18:55,604 --> 01:18:57,238 Are you sure? 1891 01:18:57,271 --> 01:18:59,373 That's, like, all of the money that we made 1892 01:18:59,406 --> 01:19:00,741 back into the stock. 1893 01:19:03,678 --> 01:19:06,413 Yeah. We can't let them get away with this. 1894 01:19:08,282 --> 01:19:09,250 Fuck 'em. 1895 01:19:09,283 --> 01:19:10,951 If he's in, I'm in. 1896 01:19:12,019 --> 01:19:13,787 If he's in, I'm in. 1897 01:19:15,590 --> 01:19:17,525 [SIGHS] Okay. 1898 01:19:18,627 --> 01:19:20,828 Fuck! 1899 01:19:20,861 --> 01:19:22,830 [BREATHES DEEPLY, LAUGHS] 1900 01:19:22,863 --> 01:19:25,165 [BOTH YELLING] 1901 01:19:26,701 --> 01:19:29,169 The frenzy continues with retail investors 1902 01:19:29,203 --> 01:19:30,938 bidding back up GameStop. 1903 01:19:30,971 --> 01:19:33,407 GameStop mania, it is back. NEWSWOMAN: Up more than 80%, 1904 01:19:33,440 --> 01:19:35,943 as those message board traders simply send it higher. 1905 01:19:35,976 --> 01:19:37,278 NEWSMAN: Stock volatility continuing, 1906 01:19:37,311 --> 01:19:38,812 it looks like, this morning. 1907 01:19:38,846 --> 01:19:41,516 Once again, GameStop involved in an ongoing battle 1908 01:19:41,549 --> 01:19:43,518 between retail investors and short sellers. 1909 01:19:43,551 --> 01:19:45,152 We're gonna have a lot more on this story. 1910 01:19:45,185 --> 01:19:46,755 NEWSWOMAN 2: CEOs of Robinhood, Reddit, Citadel 1911 01:19:46,787 --> 01:19:49,658 and Melvin Capital, along with Keith Gill, 1912 01:19:49,691 --> 01:19:53,027 better known as Roaring Kitty on social media, 1913 01:19:53,060 --> 01:19:55,329 will be in the hot seat. 1914 01:19:59,133 --> 01:20:02,637 GABE [VOICE-OVER]: I'm here testifying today far removed from my background. 1915 01:20:02,671 --> 01:20:05,674 I grew up in a middle-class family in Portland, Maine. 1916 01:20:05,707 --> 01:20:07,509 My dad was a grocery store executive. 1917 01:20:07,542 --> 01:20:09,877 LAWYER: Maybe leave that part out. 1918 01:20:09,910 --> 01:20:11,211 The part about my dad? 1919 01:20:11,245 --> 01:20:12,846 The executive part. 1920 01:20:12,880 --> 01:20:14,181 Okay. Okay. 1921 01:20:17,418 --> 01:20:19,320 I went to a public high school. 1922 01:20:19,353 --> 01:20:21,989 I studied hard and got into Northwestern. 1923 01:20:22,022 --> 01:20:23,991 Upon... Just say "a good college." 1924 01:20:24,024 --> 01:20:25,527 I can't say I went to Northwestern? 1925 01:20:25,560 --> 01:20:27,696 Too elite. Northwestern's too... 1926 01:20:27,729 --> 01:20:28,697 All right. 1927 01:20:32,866 --> 01:20:35,169 Upon graduation, I did not have a job. 1928 01:20:35,202 --> 01:20:37,539 Today, I'm married with four children. 1929 01:20:37,572 --> 01:20:39,873 Gabe, where do you plan on doing your testimony? 1930 01:20:41,543 --> 01:20:42,711 Here. 1931 01:20:42,744 --> 01:20:45,580 In front of your wine collection? 1932 01:20:47,081 --> 01:20:48,982 I mean, this is... I don't have that big 1933 01:20:49,016 --> 01:20:51,018 a wine collection, honestly. Yeah, it's huge. 1934 01:20:51,051 --> 01:20:52,920 KEITH: ...digital risks seemed to be overblown. 1935 01:20:52,953 --> 01:20:55,422 Two, the negative sentiment was overdone. 1936 01:20:55,456 --> 01:20:57,324 Three, the value was overwhelming. 1937 01:20:57,358 --> 01:20:59,594 GABE: Maybe, uh, here would be nice? 1938 01:21:02,196 --> 01:21:04,599 Too many windows. Too many wind-- oh. 1939 01:21:04,632 --> 01:21:05,899 It's very bright. 1940 01:21:05,933 --> 01:21:08,001 Yeah, oceanfronts, not a great idea. 1941 01:21:08,035 --> 01:21:09,403 It's blue. Yeah. 1942 01:21:09,436 --> 01:21:10,904 Okay, I hadn't thought of that. That, uh... 1943 01:21:10,938 --> 01:21:12,574 Yeah, downstairs there's more... 1944 01:21:12,607 --> 01:21:14,241 There's probably darker rooms. NEWSWOMAN: What a bandit. 1945 01:21:14,274 --> 01:21:15,710 Most of you know this guy 1946 01:21:15,744 --> 01:21:17,344 who was the Roaring Kitty character, 1947 01:21:17,378 --> 01:21:18,912 who was really pushing it... Holy shit. 1948 01:21:18,946 --> 01:21:20,849 Yo, Ri, our boy's on the news. 1949 01:21:20,881 --> 01:21:22,751 ...and was it potentially a systemic risk? 1950 01:21:22,784 --> 01:21:24,719 NEWSMAN: Those relationships in D.C. are strong. 1951 01:21:24,753 --> 01:21:26,253 The guys who run those hedge funds 1952 01:21:26,286 --> 01:21:28,757 are the guys who fund presidential campaigns. 1953 01:21:28,790 --> 01:21:30,592 That's a good point. You know, Roaring Kittys don't 1954 01:21:30,625 --> 01:21:32,459 have that kind of influence, but the hedge fund managers do. 1955 01:21:32,493 --> 01:21:34,128 NEWSWOMAN 2: Gill is now being sued for securities fraud 1956 01:21:34,161 --> 01:21:35,797 over his alleged role in the GameStop rally. 1957 01:21:35,830 --> 01:21:37,364 NEWSMAN 2: Is Mr., uh, Gill 1958 01:21:37,398 --> 01:21:39,199 likely to appear, and if he appears, 1959 01:21:39,233 --> 01:21:41,368 is he likely to talk if he faces, uh, 1960 01:21:41,402 --> 01:21:43,070 the potential of prosecution? 1961 01:21:43,103 --> 01:21:45,939 The fundamentals are based on three things. 1962 01:21:45,973 --> 01:21:48,275 One, the digital risks are overblown. 1963 01:21:48,308 --> 01:21:50,477 Two, the negative sentiment is overdone. 1964 01:21:50,512 --> 01:21:52,012 And three... 1965 01:21:54,582 --> 01:21:55,817 Fuck. [KEVIN SNICKERS] 1966 01:21:55,850 --> 01:21:57,951 Ah, come on. Shut up. I know all this. 1967 01:21:57,985 --> 01:21:59,386 [KEVIN & BRIGGSY LAUGHING] 1968 01:21:59,420 --> 01:22:00,921 You guys, you guys, stop! 1969 01:22:00,954 --> 01:22:02,891 Stop. Let's keep going. All right, let's go again. 1970 01:22:02,923 --> 01:22:05,392 You're right. This is serious. You can go to jail forever. 1971 01:22:05,426 --> 01:22:07,127 A long time. Long, long time. All right. Ready? 1972 01:22:07,161 --> 01:22:09,062 You ready? Here we go. Back in the game. 1973 01:22:09,096 --> 01:22:10,565 Mr. Gill, Mr. Gill-- 1974 01:22:10,598 --> 01:22:12,332 May I call you Mr. Gill, sir? It's my name. 1975 01:22:12,366 --> 01:22:13,668 BRIGGSY: Why the fuck wouldn't you be able to 1976 01:22:13,701 --> 01:22:15,068 call him Mr. Gill? CAROLINE: What were your 1977 01:22:15,102 --> 01:22:16,738 intensions with the YouTube videos 1978 01:22:16,771 --> 01:22:18,172 and your social media posts on GameStop? 1979 01:22:18,205 --> 01:22:19,841 Yes. KEITH: Thank you, Congresswoman. 1980 01:22:19,874 --> 01:22:22,142 CAROLINE: You're welcome. I developed a theory 1981 01:22:22,176 --> 01:22:23,410 that the company was undervalued 1982 01:22:23,444 --> 01:22:25,179 despite the significant short interests. 1983 01:22:25,212 --> 01:22:26,614 Oh, so you were aware of the short interest? 1984 01:22:26,648 --> 01:22:28,516 It is public knowledge. 1985 01:22:28,550 --> 01:22:29,918 You can see it in the SEC filings. 1986 01:22:29,950 --> 01:22:32,119 And your goal was to break these shorts, yes? 1987 01:22:32,152 --> 01:22:34,254 To rally an online mob to artificially push the price 1988 01:22:34,288 --> 01:22:38,258 of GameStop soaring, uh, "to the moon," as they say? 1989 01:22:38,292 --> 01:22:39,694 Isn't that correct, Mr. Gill? 1990 01:22:39,727 --> 01:22:41,195 Objection, objection! You're leading the witness. 1991 01:22:41,228 --> 01:22:43,531 Kev... I yield my time to the chair. 1992 01:22:43,565 --> 01:22:45,365 You were hoping for the short squeeze, weren't you, Mr. Gill? 1993 01:22:45,399 --> 01:22:47,000 You short-squeezing bastard. 1994 01:22:47,034 --> 01:22:48,837 The short squeeze was a marginal point of the thesis. 1995 01:22:48,870 --> 01:22:51,138 BRIGGSY: Then why'd you talk about it in your videos all the time? 1996 01:22:51,171 --> 01:22:52,439 KEVIN: You did talk about it in your videos. 1997 01:22:52,473 --> 01:22:53,675 Uh-huh. You talked about it a lot. 1998 01:22:53,708 --> 01:22:55,008 You remember about the squeeze? Exactly. 1999 01:22:55,042 --> 01:22:56,343 You were like, "It's just a little squeeze." 2000 01:22:56,376 --> 01:22:57,679 Exactly. And you're really asking us 2001 01:22:57,712 --> 01:22:59,046 to believe that you weren't 2002 01:22:59,079 --> 01:23:00,515 a leader to all these retail traders? 2003 01:23:00,548 --> 01:23:01,850 You're fucked, buddy. 2004 01:23:01,883 --> 01:23:03,785 My point of view... Asking-- Yes or no? 2005 01:23:03,818 --> 01:23:05,285 KEVIN: Yes or no? Yes or no? BRIGGSY: Yes. So yes. 2006 01:23:05,319 --> 01:23:06,821 You are admitting it. Yes. Yes or no? 2007 01:23:06,855 --> 01:23:08,355 Remember you-you had the cheap bottle of champagne? 2008 01:23:08,388 --> 01:23:09,691 Kevin! Kevin! You were dunking tendies 2009 01:23:09,724 --> 01:23:11,191 in there like a fucking-- What? 2010 01:23:12,827 --> 01:23:15,730 I'm running with my dick out. 2011 01:23:15,763 --> 01:23:17,331 Okay, why didn't you just say that? 2012 01:23:17,364 --> 01:23:20,467 Okay. I'll stop. All right. 2013 01:23:20,501 --> 01:23:24,238 [HIGH-PITCHED] Mr. Gill, what exactly about the fundamentals 2014 01:23:24,271 --> 01:23:25,740 led you to build this bull case? 2015 01:23:25,773 --> 01:23:27,675 BRIGGSY: What the fuck's with the voice? 2016 01:23:27,709 --> 01:23:29,878 [NORMAL VOICE] I don't know. I was trying to do AOC, but it was flat. 2017 01:23:29,911 --> 01:23:31,245 BRIGGSY: I don't even think she's on the panel. 2018 01:23:31,278 --> 01:23:32,847 KEVIN: You shut the fuck up, Briggsy. 2019 01:23:32,881 --> 01:23:34,414 I'll slap the shit out of you. Is she on that panel? 2020 01:23:34,448 --> 01:23:35,817 I swear to God. You're gonna slap me? 2021 01:23:35,850 --> 01:23:37,317 Yeah, let's go. Let's go. You ready to go? 2022 01:23:37,351 --> 01:23:38,753 KEVIN: I've been waiting for this, dawg. 2023 01:23:38,786 --> 01:23:40,722 [♪♪♪] 2024 01:23:49,898 --> 01:23:51,231 [SIGHS] 2025 01:23:56,103 --> 01:23:57,271 Come here. 2026 01:24:05,880 --> 01:24:07,882 You're gonna be great. 2027 01:24:09,383 --> 01:24:11,719 If it goes bad, it's gonna be real bad. 2028 01:24:11,753 --> 01:24:13,621 Well, don't let it go bad. 2029 01:24:13,655 --> 01:24:15,523 MAXINE WATERS [VOICE-OVER]: This hearing will be the first 2030 01:24:15,557 --> 01:24:17,926 in a series of hearings by the committee 2031 01:24:17,959 --> 01:24:22,797 to examine the recent market volatility involving GameStop. 2032 01:24:22,830 --> 01:24:27,602 I want to know how each of the witnesses here today 2033 01:24:27,635 --> 01:24:29,571 contributed to the historic... Gabe, can you sit up? 2034 01:24:29,604 --> 01:24:33,206 WATERS: ...trading events in January. 2035 01:24:33,240 --> 01:24:37,712 This recent market volatility has put a national spotlight 2036 01:24:37,745 --> 01:24:41,783 on institutional practices by Wall Street firms. 2037 01:24:41,816 --> 01:24:45,452 And they have demonstrated the enormous potential power 2038 01:24:45,485 --> 01:24:48,623 of social media in our markets. 2039 01:24:48,656 --> 01:24:51,325 We will hear firsthand from the witnesses 2040 01:24:51,358 --> 01:24:53,061 regarding these events. 2041 01:24:53,093 --> 01:24:55,630 The hearing will be an opportunity 2042 01:24:55,663 --> 01:24:57,097 for this committee to get the facts 2043 01:24:57,130 --> 01:25:00,467 about the role each of the witnesses represent 2044 01:25:00,500 --> 01:25:03,671 played in the events we are examining today. 2045 01:25:03,705 --> 01:25:05,673 JUAN VARGAS: Well, now, Mr. Griffin, if I could just 2046 01:25:05,707 --> 01:25:07,341 ask you the first question? Of course. 2047 01:25:07,374 --> 01:25:09,744 How many people are in the room with you? 2048 01:25:09,777 --> 01:25:11,278 KEN: That's your question? 2049 01:25:11,311 --> 01:25:12,680 VARGAS: If you can just count how many people 2050 01:25:12,714 --> 01:25:14,381 are in the room with you. 2051 01:25:18,118 --> 01:25:21,656 KEN: There are five people, including myself, in this room. 2052 01:25:21,689 --> 01:25:23,190 VARGAS: Did anyone in your organization... 2053 01:25:23,223 --> 01:25:24,626 Prick. ...since January 1st, 2054 01:25:24,659 --> 01:25:25,860 contact Robinhood? 2055 01:25:25,893 --> 01:25:28,529 We of course talk to Robinhood routinely 2056 01:25:28,563 --> 01:25:30,364 in the ordinary course of business. 2057 01:25:30,397 --> 01:25:32,667 We manage a substantial portion of their order flow. 2058 01:25:32,700 --> 01:25:36,537 But did you talk to them about restricting or doing anything 2059 01:25:36,571 --> 01:25:39,507 to prevent people from buying GameStop? 2060 01:25:39,540 --> 01:25:42,110 I want to be perfectly clear. 2061 01:25:42,142 --> 01:25:45,813 We had no role in Robinhood's decision 2062 01:25:45,847 --> 01:25:48,148 to limit trading in GameStop. Fuck you, Ken Griffin. 2063 01:25:48,181 --> 01:25:50,785 VARGAS: So, if we depose everyone in your organization, 2064 01:25:50,818 --> 01:25:51,953 we will find that? 2065 01:25:51,986 --> 01:25:53,688 That is correct. 2066 01:25:53,721 --> 01:25:56,390 Looks like a Disney Channel villain. 2067 01:25:56,423 --> 01:25:59,459 AL LAWSON: Mr. Plotkin, do you believe that there is, uh, 2068 01:25:59,493 --> 01:26:00,895 manipulation, distrust 2069 01:26:00,928 --> 01:26:03,798 and overall inequality within American finance? 2070 01:26:03,831 --> 01:26:05,833 My focus is on my company, Melvin... 2071 01:26:05,867 --> 01:26:07,501 [VOLUME MUTED] 2072 01:26:07,535 --> 01:26:08,670 KEVIN: Hello? 2073 01:26:08,703 --> 01:26:10,370 You're on mute, dick. 2074 01:26:10,404 --> 01:26:12,406 Uh, I'm sorry. You're on mute. 2075 01:26:12,439 --> 01:26:13,541 [LAUGHTER] 2076 01:26:15,242 --> 01:26:16,644 [VOLUME MUTED] 2077 01:26:16,678 --> 01:26:17,879 STUDENT: He just keeps going. 2078 01:26:17,912 --> 01:26:19,346 ...my area of expertise. 2079 01:26:19,379 --> 01:26:21,082 TAYLOR: You're still on mute. 2080 01:26:21,115 --> 01:26:23,483 I haven't been able to hear a word you said, unfortunately. 2081 01:26:23,518 --> 01:26:25,853 OCASIO-CORTEZ: Mr. Tenev, would you be willing to commit today 2082 01:26:25,887 --> 01:26:27,421 to voluntarily pass on the proceeds... 2083 01:26:27,454 --> 01:26:29,489 Ah. Marry me. ...of the payment for order flow 2084 01:26:29,524 --> 01:26:31,025 to Robinhood customers? 2085 01:26:31,059 --> 01:26:33,861 Congresswoman, I appreciate that question. 2086 01:26:33,895 --> 01:26:35,897 When the statement you refer to was made, 2087 01:26:35,930 --> 01:26:38,231 it was before Robinhood forced the entire industry 2088 01:26:38,265 --> 01:26:39,499 to drop commissions and replicate our... 2089 01:26:39,534 --> 01:26:40,868 I should take that as a no. 2090 01:26:40,902 --> 01:26:43,104 You're not willing to pass on the proceeds 2091 01:26:43,137 --> 01:26:45,073 of payment for order flow to your customers? 2092 01:26:45,106 --> 01:26:47,207 When the other brokers drop... I'm just talking about today. 2093 01:26:47,240 --> 01:26:48,275 [STUDENTS CLAMORING] 2094 01:26:48,308 --> 01:26:49,409 Asshole! I don't want to be rude. 2095 01:26:49,443 --> 01:26:50,945 I just have limited time. 2096 01:26:50,978 --> 01:26:52,680 Uh, but if removing the revenues that you make 2097 01:26:52,714 --> 01:26:54,381 from a payment for order flow, 2098 01:26:54,414 --> 01:26:57,919 uh, would cause the removal of free commissions, 2099 01:26:57,952 --> 01:26:59,721 doesn't that mean that trading on Robinhood 2100 01:26:59,754 --> 01:27:01,221 isn't actually free to begin with? 2101 01:27:01,254 --> 01:27:03,490 [STUDENTS MURMURING] HARMONY: Good question. 2102 01:27:09,597 --> 01:27:12,066 WATERS: Thank you very much, uh, Mr. Gill. 2103 01:27:12,100 --> 01:27:14,301 You are now recognized for five minutes 2104 01:27:14,334 --> 01:27:16,470 to present your oral testimony. 2105 01:27:18,472 --> 01:27:20,675 [BREATHES DEEPLY] 2106 01:27:28,649 --> 01:27:31,152 Thank you, members of the committee. 2107 01:27:33,521 --> 01:27:36,758 I am happy to discuss my purchase of GameStop shares 2108 01:27:36,791 --> 01:27:40,628 and my discussions of their fair value on social media. 2109 01:27:41,763 --> 01:27:43,396 But before I do that, 2110 01:27:43,430 --> 01:27:45,199 a few things I am not. 2111 01:27:46,868 --> 01:27:48,102 I am not a cat. 2112 01:27:48,136 --> 01:27:49,570 [SIGHS] 2113 01:27:49,604 --> 01:27:51,906 What did he say? KEVIN: He just said "cat," Ma. 2114 01:27:51,939 --> 01:27:53,074 It's like a, it's like a Kitty thing. 2115 01:27:53,107 --> 01:27:54,142 KEITH: Nor am I a hedge fund. 2116 01:27:54,175 --> 01:27:55,777 I do not have clients, 2117 01:27:55,810 --> 01:27:59,113 and I do not provide personalized investment advice 2118 01:27:59,147 --> 01:28:00,948 for fees or commissions. 2119 01:28:00,982 --> 01:28:03,483 I grew up in Brockton, Mass. 2120 01:28:03,518 --> 01:28:05,485 My family was not wealthy. 2121 01:28:05,520 --> 01:28:08,790 My father was a truck driver and my mom a registered nurse. 2122 01:28:08,823 --> 01:28:10,323 KEVIN: That's you, Ma! 2123 01:28:10,357 --> 01:28:12,527 I was one of three kids and the first in my family 2124 01:28:12,560 --> 01:28:15,029 to earn a four-year college degree when I graduated 2125 01:28:15,062 --> 01:28:18,465 from Stonehill College in 2009. 2126 01:28:18,498 --> 01:28:21,102 That was not a good time to be looking for a job. 2127 01:28:21,135 --> 01:28:23,171 From 2010 to 2017, 2128 01:28:23,204 --> 01:28:26,707 there were significant periods when I was unemployed. 2129 01:28:26,741 --> 01:28:28,943 I took an interest in the stock market, 2130 01:28:28,976 --> 01:28:31,378 and even though I had very little money, 2131 01:28:31,411 --> 01:28:33,446 I used those times to educate myself 2132 01:28:33,480 --> 01:28:35,448 and learn more about investing. 2133 01:28:35,482 --> 01:28:37,885 Mr. Gill, I find it hard to believe 2134 01:28:37,919 --> 01:28:39,386 that you predicted everything 2135 01:28:39,419 --> 01:28:40,822 that happened to GameStop 2136 01:28:40,855 --> 01:28:43,291 with no inside information. 2137 01:28:43,323 --> 01:28:44,826 Uh, I didn't predict it. 2138 01:28:44,859 --> 01:28:46,828 I honestly couldn't explain everything 2139 01:28:46,861 --> 01:28:48,129 that happened in January. 2140 01:28:48,162 --> 01:28:49,329 CONGRESSMAN: I've seen your videos. 2141 01:28:49,362 --> 01:28:51,398 You honestly couldn't recount 2142 01:28:51,431 --> 01:28:52,667 to the committee 2143 01:28:52,700 --> 01:28:55,036 what caused every single up and down 2144 01:28:55,069 --> 01:28:56,637 of the stock in January? 2145 01:28:56,671 --> 01:28:59,006 I think you could. 2146 01:28:59,040 --> 01:29:03,211 Um, I did follow the stock, uh, very closely, 2147 01:29:03,244 --> 01:29:04,912 but threshold lists, order flows, 2148 01:29:04,946 --> 01:29:06,714 halting purchases-- according to the press-- 2149 01:29:06,747 --> 01:29:08,649 these all had a material impact on the stock. 2150 01:29:08,683 --> 01:29:09,984 Here's the thing 2151 01:29:10,017 --> 01:29:11,418 I-I have a bit of experience with this stuff, 2152 01:29:11,451 --> 01:29:13,420 and even I barely understand these matters. 2153 01:29:13,453 --> 01:29:15,323 It's alarming how little we all know 2154 01:29:15,355 --> 01:29:17,225 about the inner workings of the market. 2155 01:29:17,258 --> 01:29:18,526 Which is why I'm glad 2156 01:29:18,559 --> 01:29:20,027 this committee is examining what happened, 2157 01:29:20,061 --> 01:29:22,663 particularly with the exorbitant short interest, 2158 01:29:22,697 --> 01:29:25,666 as well as any potentially manipulative shorting practices 2159 01:29:25,700 --> 01:29:27,168 and brokers' reported failures 2160 01:29:27,201 --> 01:29:29,737 to timely deliver shares and settle trades. 2161 01:29:33,241 --> 01:29:35,343 A lot of people feel the system is broken. 2162 01:29:35,375 --> 01:29:37,912 The whole idea of the stock market is to be, like, 2163 01:29:37,945 --> 01:29:40,413 kind of a fair playing field, where if you're smart 2164 01:29:40,447 --> 01:29:44,051 and maybe with a little luck, you can make your fortune. 2165 01:29:44,085 --> 01:29:47,454 But if it ever was that, it's certainly not anymore. 2166 01:29:47,487 --> 01:29:49,223 The big firms have such a big advantage 2167 01:29:49,257 --> 01:29:50,958 in terms of technology and information 2168 01:29:50,992 --> 01:29:52,392 and just sheer wealth, 2169 01:29:52,425 --> 01:29:55,229 there's no hope for the little guy anymore. 2170 01:29:55,263 --> 01:29:57,865 Or there was no hope. 2171 01:29:57,899 --> 01:29:59,567 Maybe now there is. 2172 01:30:02,270 --> 01:30:05,139 And as for me, I like the stock. 2173 01:30:05,172 --> 01:30:06,140 [CHEERING] 2174 01:30:06,173 --> 01:30:08,609 He's gangster for that. 2175 01:30:08,643 --> 01:30:10,544 And I don't plan on selling anytime soon. 2176 01:30:10,578 --> 01:30:12,046 MAN: Hold it! Hold it! Say that shit. 2177 01:30:12,079 --> 01:30:13,080 Diamond fucking hand. 2178 01:30:13,114 --> 01:30:14,081 Diamond hands, baby. 2179 01:30:14,115 --> 01:30:15,950 Attaboy. 2180 01:30:15,983 --> 01:30:18,653 What a nerd. 2181 01:30:18,686 --> 01:30:20,888 Thank you. 2182 01:30:20,922 --> 01:30:22,823 [EXHALING HEAVILY] 2183 01:30:27,295 --> 01:30:28,896 It was good. 2184 01:30:28,930 --> 01:30:30,831 I think. 2185 01:30:30,865 --> 01:30:33,334 NEWSMAN: Yesterday's Reddit hearing in Congress 2186 01:30:33,367 --> 01:30:35,435 brought together some of the power players 2187 01:30:35,468 --> 01:30:36,804 behind the January trading frenzy. 2188 01:30:36,837 --> 01:30:38,105 NEWSWOMAN: Representative Maxine Waters 2189 01:30:38,139 --> 01:30:39,607 did say that there will be, uh, 2190 01:30:39,640 --> 01:30:40,942 additional hearings on this 2191 01:30:40,975 --> 01:30:43,177 and there will be two more to follow 2192 01:30:43,210 --> 01:30:44,679 to find more answers... NEWSMAN 2: Ultimately, 2193 01:30:44,712 --> 01:30:47,148 whether it's markets or social media-- 2194 01:30:47,181 --> 01:30:49,317 or I'll just call it media, 'cause that's what it is now-- 2195 01:30:49,350 --> 01:30:51,152 do you think any new regulation gets done? 2196 01:30:51,185 --> 01:30:53,453 NEWSMAN 3: What's clear is that we're in the Wild West 2197 01:30:53,486 --> 01:30:55,256 and that there is so much activity that's going on 2198 01:30:55,289 --> 01:30:56,991 on these online forums. 2199 01:30:57,024 --> 01:30:59,260 And we've seen in the last month, in the last six weeks, 2200 01:30:59,293 --> 01:31:01,162 how much force day traders en masse 2201 01:31:01,195 --> 01:31:03,531 can bring to the market and actually affect it. 2202 01:31:03,564 --> 01:31:05,366 They used to just make some noise around the edges. 2203 01:31:05,399 --> 01:31:07,902 Now they can actually move markets and move securities. 2204 01:31:13,140 --> 01:31:15,042 [♪♪♪] 2205 01:31:26,654 --> 01:31:27,555 [MOUSE CLICKS] 2206 01:31:29,724 --> 01:31:30,925 [CAMERA BEEPS] 2207 01:31:39,900 --> 01:31:40,835 Cheers, everyone. 2208 01:31:47,742 --> 01:31:49,110 [SIGHS SOFTLY] 2209 01:31:53,280 --> 01:31:54,415 [SIGHS] 2210 01:31:57,451 --> 01:31:59,120 You're a fucking gangster. 2211 01:32:00,221 --> 01:32:02,123 [♪♪♪] 2212 01:32:19,073 --> 01:32:21,075 Hey, man, I noticed you've been selling a lot of new games, 2213 01:32:21,108 --> 01:32:23,177 and I just want to remind you again 2214 01:32:23,210 --> 01:32:24,712 that we really want to be pushing customers 2215 01:32:24,745 --> 01:32:26,881 towards the higher margin pre-owned games. 2216 01:32:28,115 --> 01:32:30,017 Yeah, I'm not gonna do that. 2217 01:32:30,051 --> 01:32:31,452 Excuse me? 2218 01:32:31,485 --> 01:32:33,120 Oh, and in fact, I'm not gonna do any of 2219 01:32:33,154 --> 01:32:35,222 the "Circle of Life" bullshit or your TikTok dance contest. 2220 01:32:35,256 --> 01:32:37,291 You're quitting, then? 2221 01:32:37,324 --> 01:32:38,559 Okay. 2222 01:32:38,592 --> 01:32:41,862 Nah, I mean, I-I thought about it, but... 2223 01:32:41,896 --> 01:32:43,864 like, yo, I love it here. 2224 01:32:43,898 --> 01:32:45,633 So I think I'm-a stay. 2225 01:32:45,666 --> 01:32:47,101 Oh, you're awfully smug for a kid 2226 01:32:47,134 --> 01:32:49,637 who lost all his money buying stock. 2227 01:32:49,670 --> 01:32:52,073 What'd you say it was going to? A thousand? 2228 01:32:53,307 --> 01:32:54,543 I'm also not gonna work 2229 01:32:54,575 --> 01:32:56,277 at the ass crack of dawn anymore. 2230 01:32:56,310 --> 01:32:57,645 You're fired! 2231 01:32:59,814 --> 01:33:00,915 No, I'm not. 2232 01:33:00,948 --> 01:33:02,083 You got to get that approved 2233 01:33:02,116 --> 01:33:04,118 by like seven levels of people, yo. 2234 01:33:04,151 --> 01:33:06,087 Thanks to the geniuses who put that together. 2235 01:33:06,120 --> 01:33:09,223 [CHUCKLES] The ones who used to own my ass. 2236 01:33:09,256 --> 01:33:10,191 You sold? 2237 01:33:11,692 --> 01:33:13,761 Half. 2238 01:33:13,794 --> 01:33:15,729 Right at the tippy-tippy top. 2239 01:33:15,763 --> 01:33:19,333 And I'm holding the other half for the long haul. [CHUCKLES] 2240 01:33:19,366 --> 01:33:20,968 ♪ 'Cause I'm a savage ♪ 2241 01:33:21,001 --> 01:33:24,138 ♪ Classy, bougie, ratchet ♪ [LAUGHS] 2242 01:33:24,171 --> 01:33:26,774 ♪ Sassy, moody, nasty ♪ 2243 01:33:26,807 --> 01:33:28,776 ♪ Acting stupid, what-what's happening? ♪ 2244 01:33:28,809 --> 01:33:31,513 ♪ Ay, I'm a savage ♪ ♪ Yeah ♪ 2245 01:33:31,546 --> 01:33:34,181 ♪ Classy, bougie, ratchet ♪ ♪ Whoa, yeah, oh ♪ 2246 01:33:34,215 --> 01:33:36,984 ♪ Sassy, moody, nasty ♪ ♪ Whoa, yeah, oh ♪ 2247 01:33:37,017 --> 01:33:39,153 ♪ Acting stupid, what's happening, bitch? ♪ 2248 01:33:39,186 --> 01:33:40,654 ♪ What's happening? ♪ ♪ Bitch ♪ 2249 01:33:40,688 --> 01:33:42,690 ♪ I'm a savage ♪ ♪ Yeah, hey ♪ 2250 01:33:42,723 --> 01:33:45,493 ♪ Classy, bougie, ratchet ♪ ♪ Whoa, yeah, whoa ♪ 2251 01:33:45,527 --> 01:33:48,996 ♪ Sassy, moody, nasty ♪ ♪ Hey, whoa, yeah, hey ♪ 2252 01:33:49,029 --> 01:33:50,965 ♪ Acting stupid, what's happening, bitch? ♪ 2253 01:33:50,998 --> 01:33:52,867 ♪ What's happening? ♪ 2254 01:33:52,900 --> 01:33:55,136 ♪ Eat me and record it, but your edge-up all I'm showing ♪ 2255 01:33:55,169 --> 01:33:56,605 [CAR ALARM CHIRPS] ♪ I keep my niggas private ♪ 2256 01:33:56,637 --> 01:33:58,472 ♪ So his AP all I'm showing ♪ 2257 01:33:58,507 --> 01:34:00,641 ♪ Beefing with you bitches really getting kinda boring ♪ 2258 01:34:00,674 --> 01:34:02,143 ♪ If it ain't about the money ♪ [ALARM HONKS] 2259 01:34:02,176 --> 01:34:03,477 ♪ Then you know I'm gon' ignore it ♪ 2260 01:34:03,512 --> 01:34:04,945 ♪ I'm the shit ♪ ♪ Ooh, ay ♪ 2261 01:34:04,979 --> 01:34:06,680 ♪ I need a mop to clean the floor ♪ 2262 01:34:06,714 --> 01:34:08,349 ♪ It's too much drip ♪ ♪ Too much drip, ooh ♪ 2263 01:34:08,382 --> 01:34:10,050 ♪ I keep a knot, I keep a watch, I keep a whip... ♪ 2264 01:34:10,084 --> 01:34:11,685 Fuck yeah. 2265 01:34:11,719 --> 01:34:13,053 I'm here testifying today 2266 01:34:13,087 --> 01:34:14,788 far removed from my background. 2267 01:34:14,822 --> 01:34:16,991 I grew up in a middle-class family in Portland, Maine. 2268 01:34:17,024 --> 01:34:18,627 I went to a public high school. 2269 01:34:18,659 --> 01:34:21,028 I studied hard and got into a good college. 2270 01:34:21,061 --> 01:34:23,464 Upon graduation, I did not have a job. 2271 01:34:23,497 --> 01:34:25,366 ♪ What's happening, bitch? ♪ ♪ Whoa, whoa ♪ 2272 01:34:25,399 --> 01:34:26,800 ♪ What's happening? ♪ ♪ Whoa, bitch... ♪ 2273 01:34:26,834 --> 01:34:29,303 When the statement you refer to was made, 2274 01:34:29,336 --> 01:34:32,673 uh, I believe, 2015 or 2016, 2275 01:34:32,706 --> 01:34:35,676 it was before Robinhood forced the entire industry 2276 01:34:35,709 --> 01:34:38,547 to drop commissions and... I should take that as a no. 2277 01:34:38,580 --> 01:34:40,047 You're not willing to pass on the proceeds 2278 01:34:40,080 --> 01:34:41,882 of payment for order flow to your customers? 2279 01:34:41,916 --> 01:34:44,553 ♪ That body right, but you know this pussy fat, ooh ♪ 2280 01:34:44,586 --> 01:34:47,421 ♪ I drop a picture, now these bitches feel attacked, ay ♪ 2281 01:34:47,454 --> 01:34:50,357 ♪ Don't let that nigga gas you up and get you whacked, ooh ♪ 2282 01:34:50,391 --> 01:34:51,660 ♪ I make a call and get that... ♪ 2283 01:34:51,692 --> 01:34:53,562 VARGAS: But did you talk to them about 2284 01:34:53,595 --> 01:34:57,865 restricting or doing anything to prevent people from buying-- 2285 01:34:57,898 --> 01:35:00,267 not selling but buying-- in GameStop? 2286 01:35:00,301 --> 01:35:03,170 Let me be perfectly clear. 2287 01:35:03,204 --> 01:35:05,372 Absolutely not. 2288 01:35:30,231 --> 01:35:32,800 As for me, I like the stock. 2289 01:35:32,833 --> 01:35:34,768 ♪ Mwah. ♪ 2290 01:35:34,802 --> 01:35:36,605 Hurry up, dick. It's cold. 2291 01:35:36,638 --> 01:35:39,240 [SIGHS] I can't believe you're my brother. 2292 01:35:39,273 --> 01:35:40,709 You look like a fucking Ninja Turtle. 2293 01:35:40,741 --> 01:35:42,276 Ready? Yup. 2294 01:35:42,309 --> 01:35:43,911 Set. Fuck you! 2295 01:35:43,944 --> 01:35:46,080 What?! Kevin! [LAUGHING] 2296 01:35:47,848 --> 01:35:49,517 Come on, Kitty! [THUNDER RUMBLING] 2297 01:35:52,453 --> 01:35:54,822 ["SEVEN NATION ARMY" BY THE WHITE STRIPES PLAYING] 2298 01:35:59,326 --> 01:36:01,428 ♪ I'm gonna fight 'em off ♪ 2299 01:36:03,030 --> 01:36:07,101 ♪ A seven-nation army couldn't hold me back ♪ 2300 01:36:07,134 --> 01:36:09,136 ♪ They're gonna rip it off ♪ 2301 01:36:10,804 --> 01:36:14,842 ♪ Taking their time right behind my back ♪ 2302 01:36:14,875 --> 01:36:18,412 ♪ And the message coming from my eyes says ♪ 2303 01:36:18,445 --> 01:36:20,314 ♪ "Leave it alone" ♪ 2304 01:36:20,347 --> 01:36:22,283 [♪♪♪] 2305 01:36:39,366 --> 01:36:41,302 [♪♪♪] 2306 01:36:54,481 --> 01:36:56,518 ♪ Don't want to hear about it ♪ 2307 01:36:58,185 --> 01:37:02,289 ♪ Every single one's got a story to tell ♪ 2308 01:37:02,323 --> 01:37:04,191 ♪ Everyone knows about it ♪ 2309 01:37:05,926 --> 01:37:10,064 ♪ From the queen of England to the hounds of hell ♪ 2310 01:37:10,097 --> 01:37:12,966 ♪ And if I catch it coming back my way ♪ 2311 01:37:13,000 --> 01:37:15,235 ♪ I'm gonna serve it to you ♪ 2312 01:37:18,339 --> 01:37:20,675 ♪ And that ain't what you want to hear ♪ 2313 01:37:20,709 --> 01:37:22,910 ♪ But that's what I'll do ♪ 2314 01:37:25,714 --> 01:37:29,183 ♪ And the feeling coming from my bones says ♪ 2315 01:37:29,216 --> 01:37:31,185 ♪ "Find a home" ♪ 2316 01:37:31,218 --> 01:37:33,120 [♪♪♪] 2317 01:38:03,250 --> 01:38:05,152 [♪♪♪] 2318 01:38:21,001 --> 01:38:22,936 ♪ I'm going to Wichita ♪ 2319 01:38:24,672 --> 01:38:28,576 ♪ Far from this opera forevermore ♪ 2320 01:38:28,610 --> 01:38:30,812 ♪ I'm gonna work the straw ♪ 2321 01:38:32,446 --> 01:38:36,718 ♪ Make the sweat drip out of every pore ♪ 2322 01:38:36,751 --> 01:38:39,721 ♪ And I'm bleeding and I'm bleeding and I'm bleeding ♪ 2323 01:38:39,754 --> 01:38:42,089 ♪ Right before the Lord ♪ 2324 01:38:44,592 --> 01:38:47,161 ♪ All the words are gonna bleed from me ♪ 2325 01:38:47,194 --> 01:38:49,531 ♪ And I will think no more ♪ 2326 01:38:52,299 --> 01:38:55,770 ♪ And the stains coming from my blood tell me ♪ 2327 01:38:55,804 --> 01:38:57,304 ♪ "Go back home." ♪ 2328 01:38:57,337 --> 01:38:59,273 [♪♪♪] 2329 01:39:14,789 --> 01:39:16,758 [SONG ENDS] 2330 01:39:16,791 --> 01:39:18,760 ♪ Ooh, you make me wanna ♪ 2331 01:39:18,793 --> 01:39:22,630 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2332 01:39:22,664 --> 01:39:24,799 ♪ Ooh, you make me wanna ♪ 2333 01:39:24,833 --> 01:39:26,500 [PURRING] 2334 01:39:26,534 --> 01:39:28,368 ♪ Ooh, you make me wanna ♪ 2335 01:39:28,402 --> 01:39:32,540 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2336 01:39:32,574 --> 01:39:34,007 [PURRING] 2337 01:39:34,041 --> 01:39:36,143 ♪ Ooh, you make me wanna ♪ 2338 01:39:36,176 --> 01:39:40,214 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2339 01:39:40,247 --> 01:39:41,649 [PURRING] 2340 01:39:41,683 --> 01:39:43,585 [♪♪♪] 2341 01:39:55,395 --> 01:39:57,097 ♪ Ooh, you make me wanna ♪ 2342 01:40:03,103 --> 01:40:04,973 ♪ You make me wanna ♪ [PURRING] 2343 01:40:05,005 --> 01:40:06,708 ♪ Ooh, you make me wanna ♪ 2344 01:40:06,741 --> 01:40:10,912 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2345 01:40:10,945 --> 01:40:12,580 [PURRING] 2346 01:40:12,614 --> 01:40:14,381 ♪ Ooh, you make me wanna ♪ 2347 01:40:14,414 --> 01:40:18,653 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2348 01:40:18,686 --> 01:40:20,220 [PURRING] 2349 01:40:20,254 --> 01:40:22,155 ♪ Ooh, you make me wanna ♪ 2350 01:40:22,189 --> 01:40:26,260 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2351 01:40:26,293 --> 01:40:27,996 [PURRING] 2352 01:40:28,028 --> 01:40:29,864 ♪ Ooh, you make me wanna ♪ 2353 01:40:29,898 --> 01:40:33,935 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2354 01:40:33,968 --> 01:40:35,770 [PURRING] 2355 01:40:35,803 --> 01:40:37,572 ♪ Ooh, you make me wanna ♪ 2356 01:40:37,605 --> 01:40:41,709 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2357 01:40:41,743 --> 01:40:43,410 [PURRING] 2358 01:40:43,443 --> 01:40:45,345 ♪ Ooh, you make me wanna ♪ 2359 01:40:45,379 --> 01:40:49,383 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2360 01:40:49,416 --> 01:40:51,051 [PURRING] 2361 01:40:51,084 --> 01:40:52,954 ♪ Ooh, you make me wanna ♪ 2362 01:40:52,987 --> 01:40:56,925 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2363 01:40:56,958 --> 01:40:58,526 [PURRING] 2364 01:40:58,560 --> 01:41:00,460 [♪♪♪] 2365 01:41:10,270 --> 01:41:12,172 ♪ Ooh, you make me wanna ♪ 2366 01:41:17,979 --> 01:41:19,814 ♪ You make me wanna ♪ [PURRING] 2367 01:41:19,847 --> 01:41:21,783 ♪ Ooh, you make me wanna ♪ 2368 01:41:21,816 --> 01:41:25,887 ♪ Ooh, you make me wanna, ooh, you make me wanna ♪ 2369 01:41:25,920 --> 01:41:27,555 [PURRING] 2370 01:41:27,589 --> 01:41:29,456 ♪ Ooh, you make me wanna ♪ 2371 01:41:29,489 --> 01:41:33,160 ♪ Ooh, you make me wanna, ooh, you make me wanna. ♪ 2372 01:41:33,193 --> 01:41:35,162 [SONG ENDS] 2373 01:41:35,195 --> 01:41:37,130 [♪♪♪] 2374 01:42:07,061 --> 01:42:08,997 [♪♪♪] 2375 01:42:39,093 --> 01:42:41,029 [♪♪♪] 2376 01:43:11,125 --> 01:43:13,061 [♪♪♪] 2377 01:43:43,157 --> 01:43:45,093 [♪♪♪] 2378 01:44:15,189 --> 01:44:17,125 [♪♪♪] 2379 01:44:47,221 --> 01:44:49,157 [MUSIC FADES] 176687

Can't find what you're looking for?
Get subtitles in any language from opensubtitles.com, and translate them here.