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This is Financial Advice

Folding Ideas · 8.5M views · 2023-10-01 · 2:31:44

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Overview

Dan Olson's long Folding Ideas video on the GameStop meme stock phenomenon, its online community and the conspiracy thinking around it. It runs over two hours.

On Hacker News

Recommended as a thorough, sober critique of meme-stock culture and a good starting point whenever GameStop news appears.

Recommended by 9 HN people across 7 months · HN mentions 2023–2026

Topics

Gaming culture & analysisInvesting & personal financeInternet culture & memes
Search by tags
gamestopmeme stocksconspiracy theoriesonline communitiesinvesting

What people said

richbell · 2024-06 · Strong recommendation

> If that is the case half of the superstonks subreddit would have to be charged. You could make a compelling argument that they should be. Superstonks doesn't just post their positions. They, too, try to manipulate the market by hyping up GME. I would highly recommend "This is Financial Advice" by Dan Olson to anyone not already familiar with the community. [VIDEO]

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eropple · 2024-03 · Strong recommendation

The newfound hype around DRS arises as a meme directly out of the Gamestop crankfest/fever-dream. It is harmless, but also meaningless; equities are not any more "yours" because of undertaking the timewaster of DRS and the concept is in current discourse as a shibboleth for membership in weird fin-cult silliness, which is exemplified really well in the parent poster's link to breathy, red-Arial-on-black "Central Bankers" fearmongering. Dan Olson covers it effectively in "This Is Financial Advice", which is a sober and well-researched drubbing of the meme-stock culture from which this nonsense comes. Worth watching in its entirety, both for entertainment value and for its thorough treatment of the subject. [VIDEO] (If you want to see a real-life BSOD, get one of these people into a corner and ask them how equities are going to survive the "market collapse" they magically-think is right around the corner, regardless of method of registration.)

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foobiekr · 2024-01 · Strong recommendation

Dan Olson covers NFTs very solidly in "Decentraland is a dead mall" ( [LINK] ) and "Line Goes Up" ( [LINK] ). Both as well worth watching. Since this is also about GameStop specifically, his "This is financial advice" video addresses the GameStop cult, and to a lesser extent the bizarre cult around GameStop CEO Ryan Cohen, really well: [VIDEO] Also, cue some apes/NFT investors coming in to ask "why do you care about my money?" and other oft-repeated talking points.

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Sources

Video by Folding Ideas, played through YouTube.

Data and selection notes

HN summaries and labels may contain AI errors. HN dates refer to discussions, not video publication.

HN Library: HackerTube export (2026-10-31) and open-index/hacker-news. Upstream summaries and classifications may contain AI errors.

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