GameStop: of stories and storytellers

The Gold Standard

Right off the bat, if one wished to know the story of what really happened in the last few days with the GameStop stock, it is hard to beat the article that Matt Levine wrote. It is a great lesson in writing, simplifying concepts for a non-technical audience, keeping them engrossed and conveying the story, moving it along logically and cogently, etc. Read that, if you have not.

Now, we will come to the different lens that people have chosen to view the developments. That is as fascinating as the movie itself. There are multiple ‘Rashomon’s (‘Virumaandi’ in Tamil, produced and led by Kamal Hasan) playing out.

First, there is the article by people who believe in the value and information content that short-sellers bring to the market. I am one of those people. In that sense, what Melvin Capital was doing was not exactly a typical hedge fund does:…

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Federal government faces imminent lawsuit over unlawful confinement of returning Canadian travelers


Jan 29th, 2021

OTTAWA:The Justice Centre today announced that immediate legal action is being prepared against the Trudeau government over the declaration that Canadian residents will be subjected to mandatory quarantine, at their own expense, after returning from international travel, regardless of their negative COVID status. These measures are a blatant violation of theCanadian Charter of Rights and Freedoms, including the right to enter and leave Canada, the right to liberty and security of the person, the right to not be arbitrarily detained or imprisoned, the right to retain legal counsel, and the right not to be subjected to cruel and unusual punishment.

In alettersent today to the Honourable Omar Alghabra, Minister of Transport, the Justice Centre condemns the Trudeau government for its disturbing and aggressive opposition to the constitutional rights and freedoms of Canadians.

Furthermore, it has come to the attention of the Justice…

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