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Part 20: https://youtu.be/lqPZ9b6OSMs
Part 18: https://youtu.be/2SzCQ1BsnoM
Part 1: https://youtu.be/pun5ZxRHa9U
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Martin Shkreli discussed the GameStop stock phenomenon led by Roaring Kitty. The conversation began with Shkreli confirming his significant earnings from shorting equities, although he denied reaching the billion-dollar mark. Shkreli, an early moderator of WallStreetBets, remarked on Roaring Kitty’s unexpected yet impactful influence on GameStop stock. Shkreli likened the surge in GameStop’s value to a Distributed Denial of Service (DDoS) attack on the stock industry, as internet-driven hype drastically inflated the stock’s price beyond its fundamental value. Reflecting on GameStop’s fluctuating fortunes, Shkreli highlighted that despite the enterprise’s outdated enterprise model, its top executive’s enterprise acumen could turn it around. He noted the challenge of doubling or tripling the enterprise’s current worth, emphasizing the top executive’s task to maximize cash reserves.
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