I just can’t get over that it’s Game Stop. I remember when Blockbuster finally crashed in January 2010, I was convinced Game Stop was next and I shorted them then. Their valuation did decline a tiny bit and I made a small amount of money. 11 years later, I can’t believe this company still exists.
I just can’t get over that it’s Game Stop. I remember when Blockbuster finally crashed in January 2010, I was convinced Game Stop was next and I shorted them then. Their valuation did decline a tiny bit and I made a small amount of money. 11 years later, I can’t believe this company still exists.
This is a great anecdote to show why it’s not a good idea to try and time the market.