Dumb Money - Schnelles Geld (2024)

FAQs

What does "dumb money" mean on Wall Street? ›

Dumb Money refers to normal everyday investors, probably like you and me, trying to invest in the stock market. Hedge funds and wall street pros consider our investments dumb money because we are uneducated and unaware of the high-level investing, they do day in and day out.

Dumb Money does not entirely shy away from showing those losses; along with Gill, the film follows a handful of fictionalized GameStop investors, including Jennifer, a nurse played by America Ferrara, who becomes obsessed with Gill and GameStop stock, buys in big, and ends up losing money after failing to sell at the ...

Ferrera's Jenny Campbell is one of several characters that were inspired by actual people but were altered and combined with characteristics of others involved in the GME short squeeze.

Although most of the story is factually correct, not everything happened exactly as shown. For example, some of the people who followed Keith Gill's trade, such as the character Jenny, are mere representations of the type of people who participated in the GameStop mania.

She's not wrong, but “Dumb Money” quickly becomes a moral parable in which these financial small fry represent the power of the masses against the One Percenters — rich people who are symbols of a rigged system in which they get richer while the rest of us get shafted.

Dumb Money is a story about a trading strategy called short selling, and in particular, the risks that short selling entails. Essentially, a short seller speculates that the price of a particular asset, usually a stock, will decline in the future.

“Dumb Money” tries to drum up some drama in the final reel with a bogus suggestion that Keith could go to jail for securities fraud, something he was never in any danger of, but the movie needs to make a big crowd-pleasing moment out of his testimony before Congress in order to distract us from the story's actual ...

On the sidelines of this stock market chaos are Keith's wife and mother of his daughter, Caroline (Shailene Woodley), his brother Kevin (Pete Davidson) and Gabe's wife and mother of his kids, Yaara (Olivia Thirlby).

The cast also includes people like America Ferrara (riding a hot streak in 2023 after her role in Barbie), Anthony Ramos, and Industry's Myha'la Herrold, who don't play real-life characters, but rather composite characters based on several real people, meant to provide an important POV to the story the movie's telling.

Who got rich from GameStop stock? ›

Keith Gill learned about investing and became convinced that GameStop stock was undervalued, sharing this belief with others on Twitter (now X) with the handle RoaringKitty. He initially purchased $53,000 worth of GameStop stock in 2019. At the height of the GameStop surge, Gill's stock was valued at $48 million.

Meme stock star Roaring Kitty, also known as Keith Gill, may have sold some of his GameStop holdings. The screen shot also showed he owned 5 million GameStop shares worth $115.7 million on June 2. On Wednesday, some 93,000 of the June call options changed hands, some of it in large chunks of 5,000 contracts or more.

Gill last posted publicly online in early 2021. According to the film, he was worth $34 million at that time, although it's unclear whether he's held onto his GameStop shares or what his net worth is now. “He completely retreated from the public eye, so it's all speculation at this point,” Gillespie says.

Consequently, the “dumb money” group tends to buy and sell investments at the worst possible time. They buy stocks when prices are on the rise and sell those stocks when prices start to decline. For the average investor, the stocks they buy go on to underperform, and the stocks they sell go on to perform very well.

He goes by Roaring Kitty or DeepF**kingValue, depending on the social media platform, and is what Wall Street types call 'dumb money'; a derogatory label for individual traders without institutional backing.

“Dumb Money” tries to drum up some drama in the final reel with a bogus suggestion that Keith could go to jail for securities fraud, something he was never in any danger of, but the movie needs to make a big crowd-pleasing moment out of his testimony before Congress in order to distract us from the story's actual ...

Offerman plays Kenneth Griffin, the founder of the hedge fund Citadel, which helped aid a $2 billion bailout to Plotkin and Melvin Capital. (Puck News reported that Griffin is in a legal fight over his depiction in the film.