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Jan 27, 2021
7:54
:13
pm
BYUFBDAD
All-American
agreed, he wants a warning that someone may lose their money. But hedge funds
have been decimating whole businesses and all their employees for decades.
The more I listen to this clown interviewer the more angrier I get. I might just buy GME because of this idiot.
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BYUFBDAD
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BYUFBDAD
Joined
Dec 11, 2010
Last login
May 3, 2024
Total posts
18,750 (1,236 FO)
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Messages
Author
Time
Former FB exec interview on CNBC. This is worth your time.
RexIdaCoug
1/27/21 7:24pm
This guy is very smart. Good move politically too, he apparently is going to run
HingleMcCringleberry
1/27/21 7:28pm
He would have my vote for Gov of CA! But Newsome ran me out already.
jholling
1/27/21 7:53pm
Scott Wapner: "I don't want to sound disparaging." Proceeds to disparage.
benny1982
1/27/21 7:34pm
seems like the interviewer is on his heels and isn't sure how to toe the party
BYUFBDAD
1/27/21 7:44pm
Yep. It's clear that the host is trying to carry hedge fund's water.
IrishBlue
1/27/21 7:47pm
I like how the interviewer said “I’m happy these retail investors are making money.” Chamath said “let’s be honest - no
YIsForBrigham
1/27/21 7:55pm
Yeah, I loved that part. He called Scott on his lies a few times.
Fargo
1/27/21 10:32pm
And it's a joke tha his whole argument is that little guys are going to get hurt
IrishBlue
1/27/21 7:52pm
agreed, he wants a warning that someone may lose their money. But hedge funds
BYUFBDAD
1/27/21 7:54pm
When Scott was saying that I kept thinking, are you kidding me? People buying
Fargo
1/27/21 10:35pm
I think the host has a point. When this hits a wall and goes the other way
novacoug1
1/27/21 7:55pm
Good interview. The CNBC guy is incredibly annoying.
barnacle
1/27/21 7:56pm
Well he makes some good points that Chamath mostly avoids answering.
YSMACK
1/27/21 8:19pm
Scott kept asking Chamath to address how the GME fundamentals don’t match the
Fargo
1/27/21 10:39pm
That Chamath is one smart dude. No idea what he’s talking about half the time
jordbyu
1/27/21 8:02pm
“Retail investors are gonna get hurt”
Pimpin4Paradise
1/27/21 8:11pm
Front running is the prime example of retails getting screwed.
RexIdaCoug
1/27/21 8:15pm
Front running, pump and dump, forcing a stock down to a widely held stop loss level and then rapidly buying shares.
Pimpin4Paradise
1/27/21 8:19pm
That was the one point I wished Chamath would have made, but didn't, because
benny1982
1/27/21 8:19pm
And while Scott kept saying Chamath avoided his question, Scott repeatedly
benny1982
1/27/21 8:24pm
They both were avoiding questions and issues. Chamath is more likeable mostly
YSMACK
1/27/21 8:31pm
Sure, but Chamath even agreed that they're using the same tactics. His primary
benny1982
1/27/21 8:34pm
There is absolutely nothing wrong with retailers checking big investments,
RSL
1/27/21 9:23pm
Agreed.
YSMACK
1/27/21 9:29pm
Which is also part of Chamath’s point. The ones doing it this time are being very transparent. So if you get screwed-
kalifi
1/28/21 12:38am
How often do these hedge funds manipulate a price not based on fundamentals?
RSL
1/27/21 9:20pm
If INVESTORS only ever invested until a company had the money they were valued at then what is the point in INVESTING?
kalifi
1/28/21 12:44am
Ends with "I love you Scott. Be on the right side of history big boy!" 🤣
Cougar8Duck
1/27/21 8:13pm
“It doesn’t necessarily mean that these investors that were short the stock were wrong” Ummm...what they did was the
Pimpin4Paradise
1/27/21 8:57pm
And if selling short is going to be an option, paying dearly should be a rational consequence.
RSL
1/27/21 9:27pm
Hidden gem in the interview: Scott: "Chamath, aren't you and others like you who tweeted about your positions
DrBYU
1/27/21 9:01pm
Whether $100k or $10 million, how dare he try to make $ off of the stock market
jordbyu
1/27/21 9:46pm
Tim Pool and The Hill have great YouTube segments on this. I love this!!
BYUHgrad
1/27/21 9:20pm
To clarify, Saagar on The Hill’s YouTube show Rising.
BYUHgrad
1/27/21 9:50pm
Scott seems like he’d be the bell of the ball at a hedge fund party.
DiamondDog
1/27/21 10:00pm
Well Scott didn’t come off to good. Basically got his *** kicked.
Fargo
1/27/21 10:31pm
This interviewer does one thing that I cannot stand in debates. He doesn't
Ash
1/27/21 11:10pm
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