Chamath Palihapitiya scored big during the GameStop short squeeze, and is now going to donate both the profits and principal from the trade to David Portnoy’s Barstool Fund. In this video, Palihapitiya explains what he learned from the GameStop stock rally and why he was impressed by the members of Reddit’s WallStreetBets forum, arguing that WallStreetBets traders can do the same fundamental analysis as hedge fund managers.
? Useful resources we recommend:
7 Ways to Create a Sustainable, Passive Income for Life – https://wealth.yt/richdad
Best Crypto Online Courses: https://wealth.yt/cryptoversity
How To Profit From Crypto In A Short Time – https://wealth.yt/ultimatum
Get $25 Crypto Bonus & Earn up to 8.6% APY On BlockFi – https://wealth.yt/blockfi
Get 4 FREE Stocks On WeBull – https://wealth.yt/free-stocks
Secure Your Crypto Assets On Trezor – https://wealth.yt/trezor
Manage All Your Money Accounts From One Place – https://wealth.yt/capital
Get 50% Off Motley Fool’s Stock Advisor – https://wealth.yt/stock-advisor
Best Training On How To Launch A High-Ticket Online Business – https://wealth.yt/start-here
The Video & Music Library We Use: https://wealth.yt/elements
[Affiliate Disclosure – Our channel is viewer-supported: when you buy through those links, we may earn an affiliate commission at no extra cost to you. If you enjoy our content, and you’re interested in one of the resources above, please consider using our affiliate link. This channel is a personal project, and every little contribution will help us to keep it going. Thank you!]
The GameStop Rally Is Retail Revenge on Wall Street | Chamath Palihapitiya
0:00 – Why WallStreetBets was able to bet hedge fund managers at their own game
0:38 – Why the GameStop short squeeze is a pushback against the Wall Street establishment
2:52 – Why Wall Street hedge funds don’t have an edge anymore
4:44 – Why ordinary people can now beat organized capital
6:41 – Why adding barriers to the market isn’t the solution
7:48 – Why we are moving towards a new world
8:56 – Why the solution is more transparency
#WallStreetBets #GME #ChamathPalihapitiya #GameStop #GameStopStock
Full interview (Credits): Full CNBC interview with Chamath Palihapitiya: Wallstreetbets, GameStop and Institutional Investors.
? Watch next:
✅ Bitcoin Is The Start Of A New Paradigm Shift. We’re Still Early | Michael Saylor
✅ This Is WHY Bitcoin Price Will Skyrocket. “A Wall Of Money Is Coming” | Raoul Pal
? Related videos you might like:
✅ The GameStop Infinite Money Glitch Explained
✅ Reddit’s GameStop Stock Boost & MLB’s Hall of Fame Drought | The Daily Social Distancing Show
✅ Investor Chamath Palihapitiya: The GameStop story is pushback against Wall Street establishment
✅ Saagar Enjeti: Wall Street Elites REGULATE, DEPLATFORM Redditors Who BEAT THEM On GameStop
✅ Billionaire investor Chamath Palihapitiya on GameStop surge and rise of retail investors
✅ Brokers MANIPULATING MARKET to save hedge fund billionaires & punish retail traders @ wallstreetbets
? Get videos like this every week: http://wealth.yt/subscribe
Wealthy Value is an educational platform about business, global economics, and financial education. We help investors, entrepreneurs, and anyone looking to master the future of finance.
Every week, we post videos to help you master the game of money and build long-term wealth. You will find financial, entrepreneurial, and business wisdom from bright minds such as Robert Kiyosaki, Jim Rickards, Nassim Taleb, Warren Buffet, Jim Rogers, Ray Dalio, Peter Schiff, and many more.
Are you looking to become smarter and more financially literate in today’s changing economy?
? Subscribe here: http://wealth.yt/subscribe
FAIR-USE COPYRIGHT DISCLAIMER
Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favor of fair use.
This video has no negative impact on the original works, it’s meant for teaching and inspirational purposes. We’ve only used bits and pieces of videos to get the point across where necessary.
For Any Copyright Issue Or Business Inquire: WealthyValueYT@gmail.com