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Stock Club
#313: Wall Street's Craziest Stories

to sell short it would have cost them 450 million to buy it back welcome to stock club the podcast where we find and discuss stocks that anyone can buy many of which we believe will go on to grow your wealth mike how you doing this week i'm good i'm good i'm looking forward to this episode you uh you messaged me all excited with a bunch of gobbledygook but uh it does make sense

Stock Club
#313: Wall Street's Craziest Stories

We're going full quirk today because Mike, stock markets have existed for hundreds of years.

Stock Club
#313: Wall Street's Craziest Stories

Amsterdam 1602 to be precise.

Stock Club
#313: Wall Street's Craziest Stories

And consequently, in such a system, there has been the inevitable collection of zany events that are either too much to believe or ludicrous and in some cases, downright funny.

Stock Club
#313: Wall Street's Craziest Stories

So this week,

Stock Club
#313: Wall Street's Craziest Stories

I suggested to you that we dive into the trivia of life and pitch each a few stories from the annals of the stock market, stock markets from around the world.

Stock Club
#313: Wall Street's Craziest Stories

And I guess as usual, what we'll do at the very end is we'll just pick our favorite.

Stock Club
#313: Wall Street's Craziest Stories

We're not going to split 10 grand.

Stock Club
#313: Wall Street's Craziest Stories

And the more you dive into this subject, you're like, that is wild.

Stock Club
#313: Wall Street's Craziest Stories

And then you find another story and it's even wilder.

Stock Club
#313: Wall Street's Craziest Stories

So as I understand, you're going to pitch two stories.

Stock Club
#313: Wall Street's Craziest Stories

So what about we go me, you, me, you, me.

Stock Club
#313: Wall Street's Craziest Stories

Perfect.

Stock Club
#313: Wall Street's Craziest Stories

All right.

Stock Club
#313: Wall Street's Craziest Stories

Okay.

Stock Club
#313: Wall Street's Craziest Stories

Well, I'm going to keep my pitches fairly short because as you said, you're going to go deeper on one of them.

Stock Club
#313: Wall Street's Craziest Stories

And the first story, crazy story from the world of the stock market is the one where a chimp beat

Stock Club
#313: Wall Street's Craziest Stories

wall street as opposed to my wall street and in 1999 at the height of the dot-com bubble there was a chimpanzee this is very bubble activity already like yeah oh it really is yeah i remember this her the chimpanzee chimpanzee's name was raven and she made stock picks uh through the traditional way by throwing darts at a list of 133 internet companies that were pinned to the board

Stock Club
#313: Wall Street's Craziest Stories

Right.

Stock Club
#313: Wall Street's Craziest Stories

So they give Raven darts.

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