Sacred Symbols+, Episode 79: Probing the GameStop Fiasco With Richard Hoeg (Patreon)
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Yes, we're a PlayStation podcast, and no, what's happened with GameStop's stock over the last two weeks or so really has nothing to do with us, the content of our show, or what we'd usually talk about. In fact, it's nothing more than happenstance that a gaming company was used as a proxy for an attack on a hedge fund's short position at all. Yet! People really want to talk about it. So today, we thought we'd dedicate an hour to really delving into what happened, and to do so I (Colin) brought on my buddy Richard Hoeg, a lawyer whose practice happens to revolve around business and finance. We couldn't let this opportunity pass us by! So let's get into all of it, shall we? By the end, you may even learn what a "gamma squeeze" is!