what is dumb money about

what is dumb money about

1 year ago 38
Nature

Dumb Money is a 2023 American biographical comedy-drama film directed by Craig Gillespie and written by Lauren Schuker Blum and Rebecca Angelo. It is based on the 2021 book The Antisocial Network by Ben Mezrich and chronicles the GameStop short squeeze of January 2021. The film features an ensemble cast that includes Paul Dano, Pete Davidson, Vincent DOnofrio, America Ferrera, Nick Offerman, Anthony Ramos, Sebastian Stan, Shailene Woodley, and Seth Rogen.

The movie follows the story of Keith Gill, played by Paul Dano, who was a middle-class financial analyst with a YouTube channel, where he gave out friendly investing advice under the name "Roaring Kitty". Gill was one of the ordinary investors who flipped the script on Wall Street and got rich by turning GameStop into the worlds hottest company. The film explores the concept of short selling, where investors bet against a companys success. In the case of GameStop, a community of retail traders hooked into GameStop thought it was a good investment, and it looks like theres one guy driving it.

In summary, Dumb Money is a movie that tells the story of the GameStop short squeeze of January 2021, where ordinary investors flipped the script on Wall Street and got rich by turning GameStop into the worlds hottest company.

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