Meet u/DeepFuckingValue, the GameStop investor upending Wall Street - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business News News

Meet the GameStop investor upending the stock market with cat memes, reaction GIFs, and fundamental analysis

," referring to the famed investor's analogy that buying cheap businesses in terminal decline can be like picking up a discarded cigar butt and enjoying one final puff.

The amateur investor said he was bullish on GameStop because he viewed the threat of an industry-wide shift to digital game purchases as overblown, thought the negative sentiment around the company was overdone, and believed the value of its business was being overlooked. Moreover, he has a self-deprecating sense of humor.

Other Wall Street Bets members praised DFV's diligence, humility, and unwavering self-belief in interviews with Insider.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The companies which short the stock of Gamestop, I Wondering if they have short position they must have buy position as well that's called hedging, how they have lost so much money ?

Agree. Digital cannot replace real retail and at end all digital will lose from overspending to compete each other and new players. Unloved, underown Dog stocks like retailers, real estate, hotels, airlines may back to perform rather than Tech, electrical vehicles, renewables.

DeepFuckingValue is our king

How are things with the capitol now?

game set match? checkmate? wellplayed/?

MEME WARS!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How a quest to build ethical AI detonated a battle inside Google - Business InsiderGoogle employees consider jumping ship for Facebook and Microsoft after firings, reorgs and mounting tension in its AI division Google/YouTube are crooks. They stole my 9/11 video. They disrespect 9 /11 survivors. 911TribMuseum techinsider not sure they're going to be satisfied with the state of ethical AI at FB techinsider Jumping ship? That is really funny. They must be reading the stuff I write? And it is also the reason why sundar is in charge - gummy and slopey made a huge devious mess then jumped ship.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside the ultra-premium aircraft Singapore Airlines is using for world's longest flight - Business InsiderThe new world's longest flight is getting an upgrade as Singapore Airlines builds back up in the US — see inside the luxurious plane
Source: BusinessInsider - 🏆 729. / 51 Read more »

Inside Exxon Mobil's 'God Pod' - Business InsiderBusiness Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Source: BusinessInsider - 🏆 729. / 51 Read more »