The Surprising Psychology Behind Gamestop’s Explosion And Fall

  Үзсэн тоо 44,263

Charisma on Command

9 өдрийн өмнө

Please consider donating to Charity: Water. Donating $40 gives someone access to clean water for 10 years. You can read more about the campaign and donate here:

You probably saw Gamestop’s stock go wild recently, but you may not have realized that the psychology behind its explosion is fascinating.
That’s why in this video we’re breaking down the 7 biggest psychological lessons that will help you understand group dynamics and make wiser financial decisions than 99% of the population.

0:00 - Intro.
0:58 - #1: A common enemy.
1:50 - #2: Heroic language & mythology.
2:46 - #3: Recency bias.
3:57 - #4: A modified prisoner's dilemma.
4:27 - #5: Transparency and accountability.
#GameStop #CharismaOnCommand

Connect with us further:
Facebook: charismaoncommand
Instagram: @CharismaOnCommand
Or if you want to see our personal stuff:
Instagram: @CharlieHoupert
Instagram: @IamBenAltman

Rajesh Shinde
Rajesh Shinde 6 цагийн өмнө
Please do video on dr house
Caleb Bolton
Caleb Bolton 17 цагийн өмнө
Hey Ben, I thought the video was insightful, but two things I thought when watching it: - This topic has been absolutely milked dry by everyone on the internet so I’m less interested than I would’ve been - The B-roll was a little like drinking from a fire hose, too much to keep track of visually
STUDENT FF 20 цагийн өмнө
Make a analysis on bill burr comedy !
Scg Saboteur
Scg Saboteur Өдрийн өмнө
Anyone here want Alastor's charisma type to be discussed from Hazbin Hotel? Would really love a deep analysis on why people tend to be drawn to him even though he is a demon. Btw, loved the vid, have been reading a tremendous amount of stuff on the stock market itself. Really cool to see the phycology aspects as well
Yung JJ2
Yung JJ2 Өдрийн өмнө
Whats that called vid of "how to be goofy/funny enough but not to the point of embarrassing yourself"?
JustSaiyanSteve Өдрийн өмнө
Gabe Plotkin said the squeeze aint squoze. Also vlad tenev 4 jail.
Apple White
Apple White Өдрийн өмнө
You can do a video on BTS.. literally it would be fun to know their psychology behind the way they act And how they manipulate people...that makes people crazy and protective over them..
Connor RK800
Connor RK800 2 өдрийн өмнө
Can we please get a Charisma on Command video breaking down Neal Caffrey from White Collar
sofia 2 өдрийн өмнө
Daniel smith
Daniel smith 2 өдрийн өмнө
Calling it now. Charisma on command are secretly conservative.
Colin McBride
Colin McBride 2 өдрийн өмнө
Dude, you should do one on Daz Games. He's one of the funniest people I can think of that isn't a stand up comic lol. I've always wondered how he makes even the simplest of jokes, funny asf.
Young and Profiting
Young and Profiting 3 өдрийн өмнө
What happened with Gamestop was unreal -- it was really cool seeing everyone organize and rise up and this video really delved into the psychology of community organizing. Thank you for this!
Julien Ofel Banaybanay
Julien Ofel Banaybanay Өдрийн өмнө
Geetsikha Pathak
Geetsikha Pathak 2 өдрийн өмнө
I bought dogecoin purely as an act of solidarity -- I think the psychology of that is pretty cool too -- investing in something that you know will almost certainly fail but doing it because it brings the "enemy" down a few pegs.
Jay Liu
Jay Liu 3 өдрийн өмнө
Great video ! I am a big fan of COC 🍺
̶I̶c̶a̶r̶u̶s̶ 3 өдрийн өмнө
Awesome editing
Samuel Mesfin
Samuel Mesfin 3 өдрийн өмнө
GM MZA 4 өдрийн өмнө
**** you
Jasdeep Singh
Jasdeep Singh 4 өдрийн өмнө
Seems like a downgrade - change in content
Redakcja Erudyta
Redakcja Erudyta 4 өдрийн өмнө
What montage program do you use?
Sukalpa Kundu
Sukalpa Kundu 4 өдрийн өмнө
Context of video can be used in Indian politics.
Happy Unhappy
Happy Unhappy 5 өдрийн өмнө
Today is my birthday i wish you made a video on charm or confidence on Ian Somerhalder. He played Damon from The Vampire Diaries big show and because of that it will get a lot of views.
A Quarius
A Quarius 5 өдрийн өмнө
What an uninteresting video. I thought you were going to talk about the psychology behind the "ultimatum game"
sunhawk 5 өдрийн өмнө
"If anyone tells you they have a great opportunity for you, and they aren't doing it themselves, be extremely wary." You mean kinda like how Bill Gates and the CEO of Pfizer aren't getting the vaccine themselves?
MEHRAB HUSAIN 5 өдрийн өмнө
Please make a video on SHAH RUKH KHAN
MEHRAB HUSAIN 5 өдрийн өмнө
Please make a video on SHAH RUKH KHAN
MEHRAB HUSAIN 5 өдрийн өмнө
Please make a video on SHAH RUKH KHAN!
xNoah87 6 өдрийн өмнө
Guys do you know any books about charisma?
Bankai 6 өдрийн өмнө
Gamer Girl Plays
Gamer Girl Plays 6 өдрийн өмнө
GameStop: I am rich! Mr. Beast: Wait. Was I supposed to buy GameStop's stock instead of their store?
RIK 6 өдрийн өмнө
Always buy stocks when the waves are calm and wait for the storm to hit the shore
Opini Bukan Fakta
Opini Bukan Fakta 6 өдрийн өмнө
Explanation in this video is shallow, may create a little misconception. Check Louis Rossmann videos to have deep explanation.
Royal Natangwe
Royal Natangwe 6 өдрийн өмнө
see you cant have professional looking videos and still have a underdeveloped site that is scam like
Mace 6 өдрийн өмнө
+Charisma on Command Fellas! The people need a Vince Vaughn charisma video. I am a straight dude and I am emotionally/mentally attracted to everything about him.
Empire Stories
Empire Stories 6 өдрийн өмнө
I will repeat Lesson 7: Look at people's actions, not their words
UnHEXable 6 өдрийн өмнө
It was just people trying to get back at the bankers for doing an illegal short. You can't short something 130% it's impossible. The PEOPLE came together when they saw this.
Hersovyac 6 өдрийн өмнө
What happened is that the snakes tried to make money again, just like with Apple, Uber etc before but this time people counter measure made them lose trillions, and they were on TV giving us fake tears like their lives were ruined when they are part of the club that capitalized billions during lockdowns. So yeah.
M Z 6 өдрийн өмнө
-60% 🙌🏻💎
Banks of Barcelona
Banks of Barcelona 6 өдрийн өмнө
The system is rigged folks, something big will happen to oil that would collapse the stock market, bond market, real estate and the dollar itself, which I call the beauty of creative destruction
Fashion wala
Fashion wala 7 өдрийн өмнө
please make a video on timothee chalamet
Eray Goktas
Eray Goktas 7 өдрийн өмнө
Chris evans chris evans
Eray Goktas
Eray Goktas 7 өдрийн өмнө
Pls do chris evans
Pter Psvin
Pter Psvin 7 өдрийн өмнө
You should do a video on Sean Connery
Legendary Gamer
Legendary Gamer 7 өдрийн өмнө
Hey man plz break down the Damon Salvatore attractive nesss 🤤🤤🤤
JaimeB1022 7 өдрийн өмнө
Hey, I just want you to be inspired to keep going. As soon as I can pick up those payments I will be investing in the amazing asset that is charisma university. I personally have gotten so much just out of your youtube videos that it has already changed my life in every way. Now I can have access to all of your continuous knowledge, and you will still thank me for helping you. You just continue to give, and that is a beautiful thing.
JaimeB1022 7 өдрийн өмнө
Btw to anyone else interested: If you don't invest in at least the knowledge of these videos, than you are really missing out. I truly believe that this guy has some real useful knowledge, and that if followed with persistence, this info is life-changing and that you can easily get positive reactions from others in no time.
Rishabh Raj
Rishabh Raj 7 өдрийн өмнө
Make video on learning from anime character
Lt. Aldo Raine
Lt. Aldo Raine 7 өдрийн өмнө
Scarcity or FOMO Fear Of Missing Out
Brandon Spicer
Brandon Spicer 7 өдрийн өмнө
That fake charity at the end was a good example...
schneeroseful 7 өдрийн өмнө
The hedgefonds co-own trading apps and banned Gamestop from being traded.
ssaul2 7 өдрийн өмнө
It isn't over. You shall see . . .
Silly Gaijin
Silly Gaijin 7 өдрийн өмнө
Its not over
Viktor Nguyen
Viktor Nguyen 7 өдрийн өмнө
Good thing I didn't even bother participating in the Gamestonk movement
Beto Atondo
Beto Atondo 7 өдрийн өмнө
jack fit on the door
Mark Fiedler
Mark Fiedler 7 өдрийн өмнө
I don't think Gamestonks failed. it was at like $4 before and now it has been holding solid around 50. That's still huge loss for the hedgefunders.
Zaurbek Stark
Zaurbek Stark 8 өдрийн өмнө
*Having a common enemy is a powerful way to rally troops.*
Cerridian Empire
Cerridian Empire 5 өдрийн өмнө
yup the same way it allied the commies and the capitalists
Peter Liwyj
Peter Liwyj 8 өдрийн өмнө
Still holding. They are manipulating etf funds containing gme to keep the price down. This game isn't over. Positions are not covered.
Arindam Mishra
Arindam Mishra 8 өдрийн өмнө
Make a video on 13 reasons why characters 👍
Opal Scale Productions
Opal Scale Productions 8 өдрийн өмнө
Your bass is turned up way too much in the audio settings. It makes 45% of this video unhearable.
skaterfugater 8 өдрийн өмнө
still here holding this xD but yes, i knew i would probably lose that money so not worried dave portnoy is a moron though?! losing money in the stock market THEN blaming someone for it lol
Broken Eyes
Broken Eyes 8 өдрийн өмнө
Totally believe this, church is particularly good at it with its “ soldiers of Christ” vs “The enemy” motif. Funny how “The enemy” ALWAYS possesses politicians on the opposing side and “obeying gods will” is always voting for yours.
Golden Gold
Golden Gold 8 өдрийн өмнө
Those damn paper hands.
Jassmen Robinson
Jassmen Robinson 8 өдрийн өмнө
Scarcity is a great psychology trick. The shelves (atleast where I live) are still intentionally left half empty. It leads to impulsive buying as if I dont take the last 2 on the shelf someone else will and "who knows" when they will have more in stock. It gets you in the mindset of hoarding.
Strange, but Odd
Strange, but Odd 8 өдрийн өмнө
Everyone! Buy gamestonks! *quietly does nothing*
Aman Vaniawala
Aman Vaniawala 8 өдрийн өмнө
Great video, so helpful! Bitcoin also at $50k but Elon actually bought it 🎉
plica06 8 өдрийн өмнө
4:44 "Don't assume silence means compliance". Keyser Söze!!
Matej Mikloš - Vegan For Life
Matej Mikloš - Vegan For Life 8 өдрийн өмнө
LoonLark 8 өдрийн өмнө
Anbu 8 өдрийн өмнө
Its weird... most youtubers change alot in content and perspective. Are youre older videos are still helpfull today?(i dont know if they fit the puzzle)
고수빈 8 өдрийн өмнө
wdym "fall" the stonk rocket hasn't stopped. $30,000++
Dan 8 өдрийн өмнө
2200 children die every single day from diarrhea. 5.2 million children die every single year. Due to lockdowns from COVID 121 million could face malnutrition and starvations leading to a predicted 12,000 deaths every day where 10,000 deaths/day from COVID was the max. We seriously have our priorities messed up. Its not about saving lives its about control.
Tarodenaro 8 өдрийн өмнө
Eeh, too bad that the kind of people who profited most from this are those hi-freq traders armed with trading bots/AI , not the retail trader and all the randos with abysmal peanut robin hood phone app. also, the 9 million people in wsb now aren't the same 1 million from early these year, so... god knows what they actually want now. (it was a good ride thou, the whole shenanigans was pretty funny)
Aedlin R
Aedlin R 8 өдрийн өмнө
You always have to be careful of the wolf in sheeples clothing.
Kyle 8 өдрийн өмнө
comment for youtube algorithm
social3ngin33rin 8 өдрийн өмнө
Elon Musk isn't a fair example; you should know that he likes to meme lol
Thomas Chow
Thomas Chow 8 өдрийн өмнө
wait am i correct in remembering Ben (voice of this video) had been an investment banker before?
Lindsey Rose
Lindsey Rose 8 өдрийн өмнө
The panning of a confused Travolta was fun! Well done Ben and Team. :)
IrnMind 8 өдрийн өмнө
Bless up for the charity water campaign & the great content. Seeing philanthropy along /w thought provoking education gives me hope 🙏🏿🤘🏿
Anthony Walker
Anthony Walker 8 өдрийн өмнө
Instructions unclear. Bought more $GME
Casey 8 өдрийн өмнө
You should do a video on Beth Harmon, and how she's able to attract mostly anyone.
invicto TV 37R
invicto TV 37R 8 өдрийн өмнө
The word on Tuesdays buying 200 shares AMC
Khanh Pham
Khanh Pham 8 өдрийн өмнө
The problem is market manipulation.
Grymyrk 8 өдрийн өмнө
It might be important to add that GME was over shorted. While shorting in general is fine, over shorting is when more shares are shorted than what actually exist, it's illegal. The hedge funds were engaging in illegal activity.
Daniel Rucker
Daniel Rucker 8 өдрийн өмнө
I hope game stop dies completely, all they do is scam people for an extra buck.
Vikram Kavalipati
Vikram Kavalipati 8 өдрийн өмнө
Who else thought that the part in the beginning was an ad at first?
MrAroone 8 өдрийн өмнө
Prisonner dilemma: I see the link but herding cannot beat facts (even if the community is real). The fight was lost when Melvin Capital was backed by bigger Hedge Funds ready to lend money to avoid the disaster (they are a real community, this was an attempt on their profession and they reacted with coordination), plus Robinhood profits are heavily connected to trading with the Hedge Funds. People should read more the 'user agreements'. Unfortunately for them, Robinhood had the right to stop the trading. When people started to sell, they just acknowledged the defeat. By the way, people needed to do more than "HOLD", they needed to keep buying. If I short sell, and my hedge fund buddy put a buy order at 20 and he is that's the best order, the price will drop at 20. To keep a price at 350, a rebel must buy at 350.
alonso gonzalez
alonso gonzalez 8 өдрийн өмнө
Diamond hands forever, paper hands never
Pikachu Forever
Pikachu Forever 8 өдрийн өмнө
I don't know if you see this, but if you do: Do you have any tips on how to talk to/interact with people you genuinely don't like, without for example coming across as passive aggressiv? (Of course only if you want to) :D P.S. Have a great day to who ever is reading this.
RedShipsofSpainAgain 8 өдрийн өмнө
The valuable content ends at 6:49
Donny Mo
Donny Mo 8 өдрийн өмнө
uk whufc
uk whufc 8 өдрийн өмнө
Capitalism and communism are 2 sides to the same NWO coin
egagnard 8 өдрийн өмнө
Once people stop choosing sides based on economic ideals and identity, we can truly unite as one
hydr0p0nic 8 өдрийн өмнө
This guy actually thinks this is over.. failure he says... lol
Wander the Nomad
Wander the Nomad 8 өдрийн өмнө
Don't listen to what the bad man in the video says. He was probably paid off by the hedge funds! Just keep buying and HODLing!
Tiziano Siri
Tiziano Siri 8 өдрийн өмнө
Great content but I could barely follow every shenanigan from the economic perspective. The psychology behind it was fascinating. A note for the editing team: at the end we hear Ben leaving...maybe leave that out in the next one...?😅😉
Zorcon741 8 өдрийн өмнө
I bought a bunch at 300, and even 270. Made a bunch of easy money day trading this. Mobs are easy to predict
RyGuy 8 өдрийн өмнө
Make MrBeast masks and give it to people who appear in your videos who don't wear masks right
jaypeeeasy 8 өдрийн өмнө
The internet can be such a wonderful place sometimes haha
HamsterHearthstone 8 өдрийн өмнө
And this, ladies and gentlemen, is a perfect example of pure ad revenue greed. This phenomenon occurs when a channel that has nothing to do with a particular topic sees a spike in search hits for a specific trendy piece of news and makes a random video about it just to harvest some portion of the respective views flow. Even though the channel owners have zero expertise in that unrelated topic and have nothing of value to contribute to the field and subject being discussed.
Wander the Nomad
Wander the Nomad 8 өдрийн өмнө
@HamsterHearthstone I think it would be bad if he talked about the stock/economics without knowing anything about it, but psychology is up this guy's alley. And psychology just happens to be anotger aspect of the whole GME event. I think that the tips that he mentioned could be quite helpful to people in the future.
HamsterHearthstone 8 өдрийн өмнө
@Wander the Nomad exactly my point.
Wander the Nomad
Wander the Nomad 8 өдрийн өмнө
I mean, he didn't talk about the stock itself, just the psychology behind it.
Amilcar Flores
Amilcar Flores 8 өдрийн өмнө
How do I know on what they are going to invest? Before they start investing
Vladyslav D.
Vladyslav D. 8 өдрийн өмнө
I like how he says at 0:49 : WSB is just a bunch of individuals, but on the screen, it explicitly says 4,008,777 Degenerates army
Sandra Fox
Sandra Fox 8 өдрийн өмнө
Keep up the good work, love ur channel!
Fragmented _Sins
Fragmented _Sins 8 өдрийн өмнө
Why is Ricky on here?
Jayson P
Jayson P 8 өдрийн өмнө
I thought the same thing. Especially right when he says "people who haven't done it themselves" I trade completely different than Ricky but he's legit.
Michelle Sun - Forbes 30 Under 30 Entrepreneur
Michelle Sun - Forbes 30 Under 30 Entrepreneur 8 өдрийн өмнө
*Formal education will make you a living; self-education will make you a fortune.* In this rapidly changing world, self education is the only way to keep leveling up 🚀🚀🚀
Chicken Tender Lover 2
Chicken Tender Lover 2 8 өдрийн өмнө
it mightve stopped on gamestop but this is definitely just the beginning
Reddit vs Wallstreet - GameStop, The Movie
Үзсэн тоо 1сая
But how does bitcoin actually work?
Үзсэн тоо 7сая
Ганаа & Зулаа Part 2 😅
Molpedia TV
Үзсэн тоо 26мянга.
Epic Cycling on Ice
The Q
Үзсэн тоо 39сая
Cardi B - Up [Official Music Video]
Cardi B
Үзсэн тоо 57сая
How To Be Confident In Any Situation
Charisma on Command
Үзсэн тоо 9сая
How To Argue With Someone Who Won’t Listen
Charisma on Command
Үзсэн тоо 1,8сая
How To Be Popular Without Being Politically Correct
Charisma on Command
Үзсэн тоо 261мянга.
5 Signs You're Dealing With A Narcissist
Charisma on Command
Үзсэн тоо 3,8сая
How the Best Hackers Learn Their Craft
RSA Conference
Үзсэн тоо 753мянга.
The Art of Code - Dylan Beattie
NDC Conferences
Үзсэн тоо 2сая
Ганаа & Зулаа Part 2 😅
Molpedia TV
Үзсэн тоо 26мянга.
Epic Cycling on Ice
The Q
Үзсэн тоо 39сая
Cardi B - Up [Official Music Video]
Cardi B
Үзсэн тоо 57сая
Миний сандалыг авраач PART1
Үзсэн тоо 41мянга.
Jason & Jayel
Үзсэн тоо 70мянга.
6 February 2021
Undarmaa Gonchig
Үзсэн тоо 80мянга.
Nicole Laeno
Үзсэн тоо 762мянга.
Хэн нэгний орилохыг сонссон😳- VLOG 20