Dumb Money : The Gamestop Short Squeeze And The Ragtag Group Of Amateur Traders That Brought Wall Street To Its Knees (Previously Published As The Antisocial Network)

Description: From the author of the book that became the iconic The Social Network movie here is the definitive take on one of the wildest stories ever - - the David - vs. - Goliath Game Stop short squeeze a tale of fortunes won and lost overnight marking an unforgettable event in financial history. The movie Dumb Money Bestselling author Ben Mezrich offers a gripping beat - by - beat account of how a loosely affiliated group of private investors and internet trolls on a subreddit called Wall Street Bets took down one of the biggest hedge funds on Wall Street firing the first shot in a revolution that threatens to upend the establishment. It's the story of financial titans like Gabe Plotkin of hedge fund Melvin Capital one of the most respected and staid funds on the Street billionaires like Elon Musk Steve Cohen Mark Cuban Robinhood co - CE Os Vlad Tenev and Baiju Bhatt and Ken Griffin of Citadel Securities. Over the course of four incredible days each in their own way must reckon with a formidable force they barely understand let alone saw coming: everyday men and women on Wall Street Bets like nurse Kim Campbell college student Jeremy Poe and the enigmatic Keith Roaring Kitty Gill whose unfiltered livestream videos captivated a new generation of stock market enthusiasts. The unlikely focus of the battle: Game Stop a flailing brick - and - mortar dinosaur catering to teenagers and outsiders that had somehow held on as the world rapidly moved online. At first Wall Street Bets was a joke a meme - filled freewheeling place to share shoot - the - moon investment tips laugh about big losses and post diamond hand emojis. Until some members noticed an opportunity in Game Stop and rode a rocket ship to tens of millions of dollars in earnings overnight. In thrilling pulse - pounding prose DUMB Money offers a fascinating never - before - seen glimpse at the outsize personalities dizzying swings corporate drama and underestimated American heroes and heroines who captivated the nation during one of the most volatile weeks in financial history. It's the amazing story of what just happened and where we go from here. Previously published as The Antisocial Network.
Title: Dumb Money : The Gamestop Short Squeeze And The Ragtag Group Of Amateur Traders That Brought Wall Street To Its Knees (Previously Published As The Antisocial Network)
Barcode: 9781538759103
Pages: 320 Pages
Language: English
Publication Date: 8/15/2023