Dumb Money
The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees
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Narrated by:
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Fajer Al-Kaisi
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By:
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Ben Mezrich
About this listen
From the author of the book that became the iconic The Social Network movie, here is the definitive take on one of the wildest stories ever—the David-vs.-Goliath GameStop short squeeze, a tale of fortunes won and lost overnight, marking an unforgettable event in financial history.
Bestselling author Ben Mezrich offers a gripping, beat-by-beat account of how a loosely affiliated group of private investors and internet trolls on a subreddit called WallStreetBets took down one of the biggest hedge funds on Wall Street, firing the first shot in a revolution that threatens to upend the establishment.
It’s the story of financial titans like Gabe Plotkin of hedge fund Melvin Capital, one of the most respected and staid funds on the Street, billionaires like Elon Musk, Steve Cohen, Mark Cuban, Robinhood co-CEOs Vlad Tenev and Baiju Bhatt, and Ken Griffin of Citadel Securities. Over the course of four incredible days, each in their own way must reckon with a formidable force they barely understand, let alone saw coming: everyday men and women on WallStreetBets like nurse Kim Campbell, college student Jeremy Poe, and the enigmatic Keith “RoaringKitty” Gill, whose unfiltered livestream videos captivated a new generation of stock market enthusiasts.
The unlikely focus of the battle: GameStop, a flailing brick-and-mortar dinosaur catering to teenagers and outsiders that had somehow held on as the world rapidly moved online. At first, WallStreetBets was a joke—a meme-filled, freewheeling place to share shoot-the-moon investment tips, laugh about big losses, and post diamond hand emojis. Until some members noticed an opportunity in GameStop—and rode a rocket ship to tens of millions of dollars in earnings overnight.
In thrilling, pulse-pounding prose, DUMB MONEY offers a fascinating, never-before-seen glimpse at the outsize personalities, dizzying swings, corporate drama, and underestimated American heroes and heroines who captivated the nation during one of the most volatile weeks in financial history. It’s the amazing story of what just happened—and where we go from here.
Previously published as The Antisocial Network.
©2021 Ben Mezrich (P)2021 Grand Central PublishingListeners also enjoyed...
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In the weird glow of the dying millennium, Michael Lewis sets out on a safari through Silicon Valley to find the world's most important technology entrepreneur, the man who embodies the spirit of the coming age. He finds him in Jim Clark, who is about to create his third, separate, billion-dollar company: first Silicon Graphics, then Netscape - which launched the Information Age - and now Healtheon, a startup that may turn the $1 trillion healthcare industry on its head.
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A fun book about Jim Clark
- By Horace on 07-07-10
By: Michael Lewis
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Double or Nothing
- How Two Friends Risked It All to Buy One of Las Vegas' Legendary Casinos
- By: Tom Breitling, Cal Fussman
- Narrated by: Patrick Lawlor
- Length: 7 hrs and 28 mins
- Unabridged
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If Tom Sawyer and Huck Finn had come of age at the end of the 20th century looking for an all-American adventure, they probably would've headed for Vegas. However, they'd have been hard-pressed to go on a wilder ride than the one taken by Tom Breitling and Tim Poster to the top of the famed Golden Nugget Hotel and Casino. Call them the Odds Couple.
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A look at lives of 2 guys who bought casino
- By Eric A, on 01-05-21
By: Tom Breitling, and others
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Hedgehogging
- By: Barton Biggs
- Narrated by: William Dufris
- Length: 3 hrs and 31 mins
- Abridged
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Rare is the opportunity to chat with a legendary figure and hear the unvarnished truth about what really goes on behind the scenes. Step inside the world of Wall Street with Barton Biggs as he discusses investing in general, hedge funds in particular, and how he has learned to find and profit from the best moneymaking opportunities in an eat-what-you-kill, cutthroat investment world.
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HedgeHotDogging
- By Bob on 10-01-06
By: Barton Biggs
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Iceland's Secret
- The Untold Story of the World's Biggest Con
- By: Jared Bibler
- Narrated by: Jared Bibler
- Length: 9 hrs and 57 mins
- Unabridged
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Born in Massachusetts, Jared Bibler relocated to Iceland in 2004 only to find himself in the middle of an unprecedented financial crisis a handful of years later. Personally wiped out and seeking to uncover the truth about a collapse that brought the pastoral country to its knees, he became the lead investigator into some of the largest financial crimes in the world. This work helped Iceland to famously become the only country to jail its bank CEOs in the wake of the 2008 crisis.
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Excellent description of Icelands finacial crash
- By CJF on 08-19-24
By: Jared Bibler
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Ahead of the Curve
- Two Years at Harvard Business School
- By: Philip Delves Broughton
- Narrated by: Simon Vance
- Length: 10 hrs and 7 mins
- Unabridged
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In 2004 Philip Delves Broughton abandoned a post as Paris bureau chief of the London Daily Telegraph to join 900 other would-be tycoons on the Harvard Business School's plush campus. With acute and often uproarious candor, he assesses the school's success at teaching the traits it extols as most important in business: leadership, decisiveness, ethical behavior, and work/life balance.
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On one breath.
- By Atkins on 05-17-22
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Black Founder
- The Hidden Power of Being an Outsider
- By: Stacy Spikes
- Narrated by: Stacy Spikes
- Length: 8 hrs and 35 mins
- Unabridged
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From the award-winning entrepreneur USA Today named one of the twenty-one most influential Blacks in technology comes an empowering, bracingly honest, entertaining blueprint for success in life and work—including the true story of what really happened to MoviePass—straight from the cofounder and former CEO himself.
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Thoroughly enjoyed this fascinating memoir
- By Carla M Fisher on 12-14-24
By: Stacy Spikes
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The Money Culture
- By: Michael Lewis
- Narrated by: Alexander Cendese
- Length: 6 hrs and 52 mins
- Unabridged
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The 1980s was the most outrageous and turbulent era in the financial market since the crash of ’29, not only on Wall Street but around the world. Michael Lewis, as a trainee at Salomon Brothers in New York and as an investment banker and later financial journalist, was uniquely positioned to chronicle the ambition and folly that fueled the decade. In these trenchant, often hilarious true tales we meet the colorful movers and shakers who commanded the headlines and rewrote the rules.
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Not the normal great Michael Lewis
- By Me on 05-12-12
By: Michael Lewis
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Dethroning the King
- The Hostile Takeover of Anheuser-Busch, an American Icon
- By: Julie MacIntosh
- Narrated by: Joyce Bean
- Length: 12 hrs and 57 mins
- Unabridged
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How did InBev, a Belgian company controlled by Brazilians, take over one of America's most beloved brands after barely a whimper of a fight? With timing - and some unexpected help from powerful members of the Busch dynasty, the very family that had run the company for more than a century. From the very heart of America's heartland to the European continent to Brazil, Dethroning the King is the ultimate corporate caper and a fascinating case study that's both wide-reaching and profound.
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Good Story but Narration Can be Annoying
- By Ken on 10-21-11
By: Julie MacIntosh
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Chronicles of a Fashion Buyer
- The Mostly True Adventures of an International Fashion Buyer
- By: Mercedes Gonzalez
- Narrated by: Mercedes Gonzalez
- Length: 9 hrs and 53 mins
- Unabridged
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Fashion is a business of smoke and mirrors, notorious for crushing the souls of most who dare to be part of the industry. Go on a global expedition with New York City-based fashion buyer, strategist, and consultant, Mercedes Gonzalez, as she learns that there is no glamour in fashion and that only cutthroat corporate espionage prevails. From politicking with blood diamond dealers and Russian kingpins to living in indigenous villages, she has relied on her street smarts and fear of her uncle in order to outwit the industry tyrants at their own game.
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Very Enagaging
- By Rainbow on 07-31-23
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Mentor to Millions
- By: Kevin Harrington, Mark Timm
- Narrated by: Kevin Harrington, Mark Timm
- Length: 5 hrs and 30 mins
- Unabridged
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Kevin Harrington, one of the original "sharks" of the TV hit Shark Tank, and serial entrepreneur Mark Timm take you on a journey that radically redefines what it means to truly succeed - at work, at home, and in every area of life.
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Listen at 1.4x
- By Mark Fry on 09-26-20
By: Kevin Harrington, and others
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The Day the Bubble Burst
- A Social History of the Wall Street Crash of 1929
- By: Gordon Thomas, Max Morgan-Witts
- Narrated by: David Colacci
- Length: 21 hrs and 34 mins
- Unabridged
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The New York Times best seller that tells the story of an overheated stock market and the financial disaster that led to the Great Depression of the 1930s. A riveting living history about Black Tuesday, October 29, 1929. Captures the era, the intoxicating expectancy, the hope that ruled men's heart and minds before the bubble burst and the black despair of the decade that followed.
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Thorough and fascinating
- By Bowen Florsheim on 04-23-21
By: Gordon Thomas, and others
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BREAKING TWITTER takes readers inside the darkly comic battle between one of the most intriguing, polarizing, influential men of our time—Elon Musk—and the company that represents our culture’s dearest hope for a shared global conversation. From employee accounts within Twitter headquarters to the mission-driven team Musk surrounded himself with, this is the full story from all sides.
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Neither insightful nor exciting.
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Misleading Title - Mostly "Winkelvi Memoirs"
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The Accidental Billionaires
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The high-energy tale of how two socially awkward Ivy Leaguers, trying to increase their chances with the opposite sex, ended up creating Facebook. Eduardo Saverin and Mark Zuckerberg were Harvard undergraduates and best friends - outsiders at a school filled with polished prep-school grads and long-time legacies. They shared both academic brilliance in math and a geeky awkwardness with women. The Accidental Billionaires is a compulsively listenable story of innocence lost - and of the unusual creation of a company that has revolutionized the way people relate to one another.
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Ears still bleeding
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The Revolution That Wasn't
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During one crazy week in January 2021, a motley crew of retail traders on Reddit’s r/wallstreetbets forum had seemingly done the impossible—they had brought some of the biggest, richest players on Wall Street to their knees. Their weapon was GameStop, a failing retailer whose shares briefly became the most-traded security on the planet and the subject of intense media coverage. The Revolution That Wasn’t is the riveting story of how the meme stock squeeze unfolded, and of the real architects (and winners) of the GameStop rally.
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Not a book but a journalist diary
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Ugly Americans
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Ugly Americans is the true story of John Malcolm, a Princeton graduate who traveled halfway around the world in search of the American dream and pulled off a trade that could be described as the biggest deal in the history of the financial markets.
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Very entertaining
- By Amazon Customer on 06-09-05
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Easy Money
- Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud
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From a famous actor and an experienced journalist, a wildly entertaining debunking of cryptocurrency, one of the greatest frauds in history and on course for a spectacular crash.
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Informative and entertaining dive into crypto land
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BREAKING TWITTER takes readers inside the darkly comic battle between one of the most intriguing, polarizing, influential men of our time—Elon Musk—and the company that represents our culture’s dearest hope for a shared global conversation. From employee accounts within Twitter headquarters to the mission-driven team Musk surrounded himself with, this is the full story from all sides.
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Neither insightful nor exciting.
- By Sutherland Junge on 11-18-23
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Bitcoin Billionaires
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Ben Mezrich's 2009 best seller, The Accidental Billionaires, is the definitive account of Facebook's founding and the basis for the Academy Award-winning film The Social Network. Two of the story's iconic characters are Harvard students Tyler and Cameron Winklevoss: identical twins, Olympic rowers, and foils to Mark Zuckerberg. Bitcoin Billionaires is the story of the brothers’ redemption and revenge in the wake of their epic legal battle with Facebook.
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Misleading Title - Mostly "Winkelvi Memoirs"
- By kameir on 06-07-19
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The Accidental Billionaires
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The high-energy tale of how two socially awkward Ivy Leaguers, trying to increase their chances with the opposite sex, ended up creating Facebook. Eduardo Saverin and Mark Zuckerberg were Harvard undergraduates and best friends - outsiders at a school filled with polished prep-school grads and long-time legacies. They shared both academic brilliance in math and a geeky awkwardness with women. The Accidental Billionaires is a compulsively listenable story of innocence lost - and of the unusual creation of a company that has revolutionized the way people relate to one another.
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Ears still bleeding
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The Revolution That Wasn't
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Not a book but a journalist diary
- By srini katta on 02-16-22
By: Spencer Jakab
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Ugly Americans
- The True Story of the Ivy League Cowboys Who Raided the Asian Markets for Millions
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Ugly Americans is the true story of John Malcolm, a Princeton graduate who traveled halfway around the world in search of the American dream and pulled off a trade that could be described as the biggest deal in the history of the financial markets.
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Very entertaining
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Easy Money
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From a famous actor and an experienced journalist, a wildly entertaining debunking of cryptocurrency, one of the greatest frauds in history and on course for a spectacular crash.
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Informative and entertaining dive into crypto land
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Rigged
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This is the startling rags-to-riches story of an Italian-American kid from the streets of Brooklyn who claws his way into the wild, frenetic world of the oil exchange. After conquering the hallowed halls of Harvard Business School, he enters the testosterone-laced warrens of the Merc Exchange, the asylumlike oil exchange located in lower Manhattan.
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Another interesting story...
- By Carey Patrick Ryan on 11-27-07
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Once upon a Time in Russia
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The best-selling author of Bringing Down the House (63 weeks on the New York Times best seller list and the basis for the hit movie 21) and The Accidental Billionaires (the basis for the Academy Award-winning film The Social Network) delivers an epic drama of wealth, rivalry, and betrayal among megawealthy Russian oligarchs - and its international repercussions.
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Oligarchs, Operatives, Explosives & Intrigue!
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Straight Flush
- The True Story of Six College Friends Who Dealt Their Way to a Billion-Dollar Online Poker Empire--and How it All Came Crashing Down…
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Based on extensive insider interviews and participation, acclaimed author Ben Mezrich's Straight Flush tells the captivating rags-to-riches tale of a group of University of Montana frat brothers who turned a weekly poker game in the basement of a local dive bar into AbsolutePoker.com, one of the largest online companies in the world. But then the U.S. Department of Justice placed a bull's-eye on Absolute Poker. Did they fold - or double down and ride their hot hand?
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Typical Mezrich Trash
- By Munster Monster on 08-01-19
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Woolly
- The True Story of the Quest to Revive One of History's Most Iconic Extinct Creatures
- By: Ben Mezrich
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Ben Mezrich takes us on an exhilarating true adventure story from the icy terrain of Siberia to the cutting-edge genetic labs of Harvard University. A group of young scientists, under the guidance of Dr. George Church, the most brilliant geneticist of our time, works to make fantasy reality by sequencing the DNA of a frozen woolly mammoth harvested from above the Arctic Circle and splicing elements of that sequence into the DNA of a modern elephant.
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Mezrich's worst creation
- By Alex Curtis on 11-03-17
By: Ben Mezrich
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21
- Bringing Down the House: The Inside Story of Six M.I.T. Students Who Took Vegas for Millions
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- Narrated by: Johnny Heller
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In the midst of the Go-Go '90s, the culture of greed infused the MIT campus. A small blackjack club sprang up, dedicated to counting cards and beating the house at major casinos around the country. The Club grew slowly at first, but by the late 1990s, the right people had come up with the right system to take some of the world's most sophisticated casinos for all they were worth.
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Killed by Narrator
- By Harry JD on 03-12-08
By: Ben Mezrich
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Busting Vegas
- The MIT Whiz Kid Who Brought the Casinos to Their Knees
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Semyon Dukach was known as the Darling of Las Vegas. A legend at age 21, this cocky hotshot was the biggest high roller to appear in Sin City in decades, a mathematical genius with a system the casinos had never seen before and couldn't stop, a system that has never been revealed until now; that has nothing to do with card counting, wasn't illegal, and was more powerful than anything that had been tried before.
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A Flat Read
- By Ginger Saariaho on 10-17-05
By: Ben Mezrich
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The Midnight Ride
- By: Ben Mezrich
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From the celebrated, New York Times bestselling author comes the twisted thriller of an MIT grad student who unwittingly uncovers the hidden connection between the Gardner Museum heist and the most fascinating secret in American history.
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Great idea, mediocre approach
- By Josh on 10-14-22
By: Ben Mezrich
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Number Go Up
- Inside Crypto's Wild Rise and Staggering Fall
- By: Zeke Faux
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Story
In 2021 cryptocurrency went mainstream. Giant investment funds were buying it, celebrities like Tom Brady endorsed it, and TV ads hailed it as the future of money. Hardly anyone knew how it worked—but why bother with the particulars when everyone was making a fortune from Dogecoin, Shiba Inu, or some other bizarrely named “digital asset”? As he observed this frenzy, investigative reporter Zeke Faux had a nagging question: Was it all just a confidence game of epic proportions? What started as curiosity—with a dash of FOMO—would morph into a two-year globe-spanning quest.
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Phenomenal story
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America for Americans
- A History of Xenophobia in the United States
- By: Erika Lee
- Narrated by: Shayna Small
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- Unabridged
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Story
The United States is known as a nation of immigrants. But it is also a nation of xenophobia. Here, Erika Lee shows that an irrational fear, hatred, and hostility toward immigrants has been a defining feature of our nation from the colonial era to the Trump era. Benjamin Franklin ridiculed Germans for their "strange and foreign ways." Americans' anxiety over Irish Catholics turned xenophobia into a national political movement. Forcing us to confront this history, America for Americans explains how xenophobia works, why it has endured, and how it threatens America.
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Essential to Understanding America
- By Edward Chin-Lyn on 11-09-20
By: Erika Lee
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The Big Thirst
- The Secret Life and Turbulent Future of Water
- By: Charles Fishman
- Narrated by: Stephen Hoye
- Length: 13 hrs and 30 mins
- Unabridged
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Story
The water coming out of your tap is four billion years old and might have been slurped by a Tyrannosaurus Rex. We will always have exactly as much water on Earth as we have ever had. Water cannot be destroyed, and it can always be made clean enough for drinking again. In fact, water can be made so clean that it actually becomes toxic. As Charles Fishman brings vibrantly to life in this delightful narrative excursion, water runs our world in a host of awe-inspiring ways, which is both the promise and the peril of our unexplored connections to it.
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Informative Book
- By Lynn on 04-21-11
By: Charles Fishman
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Men Explain Things to Me
- By: Rebecca Solnit
- Narrated by: Luci Christian Bell
- Length: 2 hrs and 47 mins
- Unabridged
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In Men Explain Things to Me, Rebecca Solnit takes on the conversations between men who wrongly assume they know things and wrongly assume women don't. The ultimate problem, she shows in her comic, scathing essay, is female self-doubt and the silencing of women. Rebecca Solnit is the author of fourteen books about civil society, popular power, uprisings, art, environment, place, pleasure, politics, hope, and memory, most recently The Faraway Nearby, a book on empathy and storytelling.
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Great read - horrible performance
- By Denise Johnson on 03-26-15
By: Rebecca Solnit
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Liar's Poker
- Rising Through the Wreckage on Wall Street
- By: Michael Lewis
- Narrated by: Michael Lewis
- Length: 10 hrs and 16 mins
- Unabridged
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Story
In 1986, before Michael Lewis became the best-selling author of The Big Short, Moneyball, and Flash Boys, he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to New York- and London-based bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years - a behind-the-scenes look at a unique and turbulent time in American business.
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Finally!
- By Anonymous User on 02-08-22
By: Michael Lewis
What listeners say about Dumb Money
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- E. W. Hodson
- 10-31-23
Great Story
I enjoyed the in-depth story from all the players involved. Ben is always such a good storyteller!
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- Laura
- 11-24-21
Great book
I really loved this book, it helped me understand what went on with Game Stop and it reads like a thriller.
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1 person found this helpful
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- Chamara
- 06-17-22
Amazing storytelling
This should be a textbook for show vs. tell. Great analogies. Narration was excellent, enjoyed changes in accent with characters. Felt a void once it was over, just wanted more.
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- TX Tech boater
- 06-03-24
full of interesting detail
way more detail than the movie. that left me wanting so I bought the book. too bad we don't know how Keith truly ended up.
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- Anonymous User
- 09-12-21
Portnoy Accent 🤦♂️
Good, quick story. Narration solid, need to know where the inspiration for Dave Portnoy voice came from?
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- Richard
- 04-16-22
I hope to hear an updated edition in the future.
I was surprised this story came out so quickly after the incident happened. I hope to hear an updated "where are they now" in the future.
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- Coach Kip
- 01-31-22
Great Analysis of WSB and GME
A great narrative of how Wall Street Bets and GameStop coincided with amazing coincidence to cause havoc on the financial system.
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- Jaden Grant
- 09-12-21
Lovely
A typical Ben Mezrich smash hit, he was able to perfectly sum or and encapsulate the GameStop short squeeze, and described in great detail all the key players and how they affected and reacted to it. A very infamous economic story of our time. I hope the movie is great.
I also liked the stock.
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- Robert ONeill
- 09-23-21
Social Media bites big dog
Brilliantly written account of the Wall Street one-percenters raping and pillaging the rest of us and overall congressional ineptitude. For the first time since hot or not, it proves social media can serve a purpose. It also becomes clear that only those inside the financial system know how to manipulate the controls like Vegas casinos and pocket the skim. Even clearer that most who run for Congress were probably unable to get a job in the real world. Solid narration. Could do without the ESL accent and female impersonation. As well as this is written, it can get dry and esoteric. This ongoing Wall Street scandalous story needs to be told in a 5 minute or less video documentary that the masses can digest. The world needs a JOHN STEWART to synthesize this. Do I really need 15 more words audible?
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- JD
- 09-17-21
Epic!
A must read! A great story of David vs. Goliath! Author walks through many different stories of individuals involved in the GME saga.
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