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Casually Explained: Wallstreetbets

Casually Explained | March 8, 2026



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Written by Casually Explained

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This post currently has 35 comments.

  1. @TheLazySamurai

    March 8, 2026 at 8:06 am

    I was there for the $GME times, I got in early enough to make a couple thousand, and then kept holding the last 2, still to this day (for the memes, and a story for my never-to-exist grandkids)

  2. @MattRolls5280

    March 8, 2026 at 8:06 am

    Good video. Funny. Like many topics you make gold out of, it does end up with a core issue that is kind of sad. In this case I think its how you pointed out that so many people have become involved in this sort of stocks as a form a degenerate gambling because they think they will never be able to buy a house or retire. Which is pretty stupid. Millennials and Gen Z are not that bad off, if they just quit making easily foreseeably bad decisions.

    Short way of saying it is quit doing what "everyone" is doing. I'm 41. All I did was not blindly trust all the people that said "just got to college…". How did I do this? I literally got on yahoo and searched "is college really a good investment" and found out rather easily that the answer was nuanced but basically boiled down to pick a STEM degree that is hard, learn don't party, get a job and work hard consistently to build yourself. I didn't want to take on debt to make this happen so I joined the military to get the GI bill. Got out got an engineering degree. 6 years out of school and my wife and I (she's a teacher) are in the top quintile of earnings for households in the US. We will easily be able to retire at 65 if not early at 55 at a moderate pace of investing. If I would have been smarter with my military investments we would be even better off.

    In short; quit listening to the idiots around you telling you to take the easy path that everyone is doing. Work hard. Be employed full time from the time you get out of school. Don't get a obviously dumb sounding college degree on tons of debt. Statistically speaking you are likely to retire comfortably. Its not rocket surgery.

  3. @marcusguyton3062

    March 8, 2026 at 8:06 am

    Half the time I visited that subreddit, I saw people winning on obscure tics from months of meticulous research. The other half went all in on a meme stock losing hundreds of thousands because of vibes. Then, there's others that are winning about 80K to 200K and still continue to hold the stock instead of selling. The stock plummeted and they'd be sitting at 30% of their initial buy. Shit was heartbreaking, but hilarious at how the users came together to rip them a new one or console them. Gambling is a black void on the stock market.

  4. @ahmedkathrada2363

    March 8, 2026 at 8:06 am

    What i screenshotted :; I have lost everything, and I'm not sure how to continue. This summer 1 invested $17,500 (six months salary and my entire life savings) into ornamental gourd futures, hoping to capitalize on this lucrative emerging industry. After watching a video about Vincent Kosuga and his monopoly on onions, I decided r'd try to do something similar with another vegetable. I did some research and found out many agricultural forecasters expected this year's gourd yleld would be far smaler than the past, due to deteriorating soil conditions in central Mexico and a warmer-than-average spring. At first, demand soared around Haloween and prices skyrocketed, but the gourd bubble burst on November 12th. Unfortunately, the coronavirus caused a massive drop-off in demand due to fewer families decorating their tables for thanksgiving, and prices plummeted. I had invested early enough that I thought I would stll be fine, but then on the morning of December 2nd, a new emalil in my inbox caused my stomach to turn into a pretzel. he massive gourd shipment from Argentina, scheduled for earty March, had arrived. I was planning on selling off my futures right before this, in February, but this ruined everything. To top it off, the gourds in this shipment were absolutely gargantuan, some topping 4 pounds each, causing the price-per-pound to drop like an anchor into the range of 6 Cents per pound. I am ruined.

  5. @dorongrossman-naples9207

    March 8, 2026 at 8:06 am

    Fun fact: the order to shut down the WSB Discord server came straight from the top. This was sort of obvious, but they publicly claimed it was due to content violations. I only know about this because a friend of mine was working as a content moderator for Discord at the time. To be fair, I can't exactly prove this in a YouTube comment, but for whatever it's worth, this is true.

  6. @connorgoosen2468

    March 8, 2026 at 8:06 am

    I got involved with wall street bets during covid. Made some, lost some. Didn't really know what I was doing. Left after the whole GME thing became cult like. I just invest in index funds.

  7. @MinefighterLP

    March 8, 2026 at 8:06 am

    You conveniently forgot to mention that DFV is still in the trade, bought more, Micheal Burry also bought in, and the GameStop is on its way of 7 consecutive green quarters. The negative framing is embarrassing.

  8. @puppetstring55

    March 8, 2026 at 8:06 am

    I remember the GameStop incident. Months before it started I had bought some stock super low because I used to work for them and watching it sink brought me great joy. So I threw $25 at it and considered it a price to get automatic push notifications that they were failing.

    Well then Wall Street bets said "hold my beer" and it took off like a rocket. I'm petty, but I'm not dumb. I sold about a day before Robinhood turned off the sell button. Used the profits to pay for a small vacation.

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