I enjoyed the film Dumb Money, which just came to Netflix. It tells the real-life story of Keith Gill, a.k.a. “Roaring Kitty” on Reddit, who led millions of ordinary investors to power the GameStop short squeeze in 2021, bringing down the mighty Melvin Capital hedge fund.
The tension in the film comes from all the average-Joe investors – and Gill himself – watching their net worth soar as $GME prices catapult in value. Their friends and family beg them to cash out, and you can feel how difficult it is for them to HODL.
The portrayal of Gill, played by Paul Dano, is surprisingly sweet and vulnerable. He’s not a “bro,” but a family guy suffering the same internal conflict as everyone else – along with his long-suffering wife, played by Shailene Woodley.
It’s a great investing story because it shows the power of believing in your investments, even when the rest of the world says you’re crazy. Here are some famous stories of other "diamond hands" who held when everyone else said sell. |