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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="Deleted member 2897" data-source="post: 777013"><p>So again, what is wrong with their reporting and the screen shot of his account? It shows and states he invested $750,000 of his own money. You've got to be pretty well off to have $750,000 in cash to invest in a single stock like that.</p><p></p><p>There certainly are fat cats on both sides though. We can disagree on how well off this guy is, but that wasn't the point I was trying to make. 2 main points. 1, this guy invested $750,000 not $50,000. And 2, the new chairman of the board at GME invested $76 million of his own money at the beginning of the year. I think there's a story there too.</p><p></p><p>Probably the single biggest thing I'm in awe about with this 1 smaller guy is that he stuck with this for a year and a half. That's a pretty damned strong emotional attachment and persistence.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 777013"] So again, what is wrong with their reporting and the screen shot of his account? It shows and states he invested $750,000 of his own money. You've got to be pretty well off to have $750,000 in cash to invest in a single stock like that. There certainly are fat cats on both sides though. We can disagree on how well off this guy is, but that wasn't the point I was trying to make. 2 main points. 1, this guy invested $750,000 not $50,000. And 2, the new chairman of the board at GME invested $76 million of his own money at the beginning of the year. I think there's a story there too. Probably the single biggest thing I'm in awe about with this 1 smaller guy is that he stuck with this for a year and a half. That's a pretty damned strong emotional attachment and persistence. [/QUOTE]
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