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

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/K99e8fysBn Twitter/X: https://twitter.com/meremortalspods Instagram: https://www.instagram.com/meremortalspodcasts/ TikTok: https://www.tiktok.com/@meremortalspodcasts Value 4 Value Support: V4V: https://www.meremortalspodcasts.com/support Paypal: https://www.paypal.com/paypalme/meremortalspodcast