Let's Gamble In A Cult | Financial Delusions & When To Admit You're Wrong

from Mere Mortals Conversations · host Kyrin Down & Juan Granados

Why is investing in Game Stop going to cause the collapse of the financial system?In episode #475 of Mere Mortals 'Musings', Juan and I discuss: Tom Bilyeu's perspective that all financial actions are a form of gambling, James Jani's videos on GameStop and Bed Bath & Beyond (BBBY), how the irrational belief of "mother of all short squeezes" (MOASS) will lead to the financial system's collapse, our past financial delusions in stocks/properties/NFT's, the aftermath of bubbles bursting and Juan's current delusion of the impact of AI by 2026 (my opinion - correct).Huge thanks to Lyceum and all the other sat streamers out there. Your support means the world to us!Timeline:(00:00:00) Intro(00:03:00) Gambling Vs Investing(00:11:53) The GameStop Phenomenon(00:22:23) Bed Bath & Beyond: The Cult Of The Dead Stock(00:28:03) Boostagram Lounge(00:32:00) Personal Financial Delusions(00:45:02) Profiting From Financial Delusions(00:53:01) Bitcoin & Ignorance(01:00:01) Aftermath Of Financial Bubbles(01:11:52) Robert Downey Jr. On Wall Street(01:12:50) V4V: Time/Talent/Treasure Connect with Mere Mortals:Website: https://www.meremortalspodcasts.com/Discord: https://discord.gg/K99e8fysBnTwitter/X: https://twitter.com/meremortalspodsInstagram: https://www.instagram.com/meremortalspodcasts/TikTok: https://www.tiktok.com/@meremortalspodcastsValue 4 Value Support:V4V: https://www.meremortalspodcasts.com/supportPaypal: https://www.paypal.com/paypalme/meremortalspodcast

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This episode was published on February 9, 2025.

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