Dumb Money: The 2021 GameStop Short Squeeze And Its Dark Aftermath Becomes A Movie

Summary:

  • The events of the massive 2021 short squeeze in GameStop have been made into a Hollywood movie.
  • The film follows Keith Gill, a cat-loving Boston dad who manages to take Wall Street for nearly $50 million.
  • GameStop’s short squeeze is a story of David beating Goliath, but also one of the dark side of crowd psychology and the danger of the mob mentality.
  • I take a fresh look at the mania 2.5 years later with lessons for investors today.
Rawrr Cat

Leon Varas /iStock via Getty Images

“Babe, how much did we make today?”

“$5 million…”

“And yesterday?”

“4 million…”

Dumb Money (2023).

The massive 2021 short squeeze in GameStop (NYSE:GME) has officially been made into a movie. The film opens this week in New York


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