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Can’t stop! Won’t stop! Gamestop!
By Side Hustle Rich  •  February 1, 2021
Phooo… you’re gonna want to strap in for this one. Unless you’ve been living under a rock, you would have heard of the turmoil in Wallstreet, getting their asses handed over to them for extreme naked shorts on video game retailer Gamestop, by a ragtag group of retail investors in Reddit, no less. If you did not understand the above paragraph, well, let’s dig into it, shall we? < div aria-hidden="true" class="wp-block-spacer"> Who are the players in this Gamestop saga? Gamestop, a bricks and mortar video game retailerWallstreet thugs and short sellers Citron Research and Melvin Capital, among other wallstreet hedge funds. Citron was previously a notable bear on Tesla and Shopifyr/wallstreetbets, led by u/deepfuckingvalueChamath Palihapitiya, Billionaire CEO of Social Capital, former Facebook execElon Musk, Richest man in the world with zero fucks to giveRobinhood, an ironic name < div aria-hidden="true" class="wp-block-spacer"> The environment that set this off A bunch of quarantined,...
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By Side Hustle Rich
I’m Richard, creator of SideHustleRich. I created this site to journal my experiments, experiences and thoughts on working up multiple streams of income, in an attempt to achieve financial independence. I’m a happily married man and a father to two young boys. I don’t believe in working until i’m 65, maybe enjoy 5 years of retirement before starting to ache all over from basically growing old and tired.
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