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Dumb Money

by mr. hipster March 24, 2024
March 24, 2024
Dumb Money
60
Dumb Money
Genre: Biographical Drama
Director: Craig Gillespie
Release Year: 2023
Runtime: 1h 45min

With so many choices in this world, why on Earth would I watch a movie about the GameStop short squeeze? And what on Earth is a short squeeze? Honestly, after watching Dumb Money, I’m not certain I know the answer to either of these questions. Other than to say that it feels like something I want to know about, and I don’t have the patience to read intellectual articles about the subject. I mean, the word “dumb” is right there in the title. And I’m dumb. So maybe they’ll dumb it down for dummies like me. Because this is ostensibly a comedy and not meant as a true document of what happened when one schlub from suburban Massachusetts decided to start pumping up GameStop stock after realizing some rich douche-like assholes were shorting it. Causing what amounted to a disruption of the assumed ways of working on Wall Street led by a bunch of young people looking to make some quick cash, but also stick it to the man. Short squeeze!

Okay, I’m not going to pretend to actually understand the economics of this whole thing. That’s Ms. Hipster’s area. But as a movie, it’s a pretty fun way to try to bring to light an actual thing that happened to actual people. It definitely has a lot of Wolf of Wall Street energy. But on a way smaller budget. And with way less ambition. It’s like the 8-bit version of that movie. I liken the heightened versions of these humans — who were mostly real — to something like Vice. Though that was chock full of people we know. Caricatures of George Bush and Dick Cheney and that cast of numbskulls. This one was filled with a bunch of people most of us have never heard of — though Ms. Hipster did have actual, real-life experiences with one of the major dudes in this movie. I won’t say which one, but suffice it to say that the portrayal of him in the movie was not far from the truth of his generalized rich-guy douchebaggery. Which — when it comes down to it — is kind of the point of the whole film: people with money have money because they have money. And people without money are generally locked out of the system that lets them get money. Populism!

Enter basement-dwelling nerd, Keith Gill (Paul Dano). With his cat memes and spreadsheets he managed to reach the non-investing-class young people through social channels, convincing them that dorky stock GameStop was way undervalued and worth throwing a few dollars at. I do feel like some of the weirdo Reddit, gamergate culture of misogyny and dick jokes — even if it’s mostly directed at the rich-guy class — was something that I bumped on a bit. But I’m an old and Internet meme culture just seems like crude nonsense to me. Though I do get a lot of cat videos in my Instagram feeds. And sloths. And red pandas. So I get it. But not really. But the point is that Gill and his info and the way it’s disseminated gave rise to the non-investment class’ exposure to that world. Students, nurses and actual clerks at GameStop. All of them could take advantage of his advice and invest through the Robinhood app. An app that doesn’t require you to have a broker or charge outrageous fees for trading. The thing is, Gill’s intentions are pure. He is not a cynical investor. He’s principled. And in his dedication to the cause and his radical transparency, he gains the trust and admiration of this group of atypical young investors. If only those Robinhood bastards were as down with the cause as him…

Ultimately, the movie is light and comical. They even use Pete Davidson properly as Keith’s dirtbag brother. Like this is what Davidson would be if he didn’t somehow luck into acting and whatever magical power he has to pull beautiful and talented ladies. The whole of the plot is set up a bit like the actual Robin Hood tale. Though Dano luckily doesn’t try the Costner accent. The narrative is breezy and doesn’t get too bogged down in the economics of it all. And it’s fun to watch Seth Rogen (as Gabe Plotkin) sweat as his short position gets plundered by Gill and the different folks we focus on as fictional examples of investors. Because watching rich assholes shake is funny. There is some irony that this film was produced by the Winklevoss twins, which kind of undermines the whole message of the little guy getting over on the wealth class. Though there is the whole connection between them and author, Ben Mezrich. Who wrote the book The Accidental Billionaires, which was turned into The Social Network. And then wrote The Antisocial Network, which was turned into this movie. It all feels a little… entangled. I suppose when Mezrich writes his bitcoin book and they turn it into a movie starring Alexander Skarsgård as the Winklevosses — and maybe call it the Anti-Antisocial Network — we’ll see if and how they’re portrayed in that. Until then, we’re left with this cute, little film that captured a moment in time that feels like a million years ago now.

2023America FerreraAnthony RamosBen MezrichBiographical DramaClancy BrownCraig GillespieDane DeHaanKate BurtonMyha'la HerroldNick OffermanOlivia ThirlbyPaul DanoPete DavidsonSebastian StanSeth RogenShailene WoodleyVincent D'Onofrio
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      The NJ Booze & Grub Graveyard
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      December 21, 2020

      The NJ Booze & Grub Graveyard
      Vanillamore

      June 13, 2020

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Mr. Hipster
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      Your Friends & Neighbors: Season 1

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      December 19, 2021

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      Turnstile: Never Enough

      July 8, 2025

      Album Reviews
      Lifeguard: Ripped and Torn

      June 28, 2025

      Album Reviews
      Cameron Winter: Heavy Metal

      June 17, 2025

      Album Reviews
      Mclusky: the world is still here and so…

      June 16, 2025

      Album Reviews
      Origami Angel: Feeling Not Found

      June 12, 2025

      Album Reviews
      PUP: Who Will Look After the Dogs?

      June 2, 2025

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      August 15, 2024

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      In Defense of: OMC’s “How Bizarre”

      July 18, 2021

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      May 1, 2020

      The Music List
      In Defense Of: Ruben Studdard’s “Sorry 2004”

      December 29, 2019

      Concert Reviews
      The Get Up Kids @ Starland Ballroom

      February 27, 2025

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      January 26, 2025

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      60 Songs That Explain the ’90s

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      Seoul Bistro

      July 4, 2025

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      Ralph’s Pizzeria and Italian Restaurant

      June 27, 2025

      Booze & Grub Reviews
      CAVA – 350 Hudson

      June 19, 2025

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      Rooster’s Nashville Hot Chicken

      June 18, 2025

      Booze & Grub Reviews
      Oso Felipe

      June 6, 2025

      Booze & Grub Reviews
      Mambo Cuban Restaurant & Lounge Harrison

      May 23, 2025

      Booze & Grub Reviews: NYC
      CAVA – 350 Hudson

      June 19, 2025

      Booze & Grub Reviews: NYC
      Westville Hudson

      April 25, 2025

      Booze & Grub Reviews: NYC
      Five Guys – Midtown West

      January 25, 2025

      Booze & Grub Reviews: NYC
      Jaz Indian Cuisine

      December 23, 2024

      Booze & Grub Reviews: NYC
      Just Salad – Hudson Square

      November 13, 2024

      Booze & Grub Reviews: NYC
      Quality Pizza Co. Midtown

      September 10, 2024

      Booze & Grub Reviews: NJ
      Seoul Bistro

      July 4, 2025

      Booze & Grub Reviews: NJ
      Ralph’s Pizzeria and Italian Restaurant

      June 27, 2025

      Booze & Grub Reviews: NJ
      Rooster’s Nashville Hot Chicken

      June 18, 2025

      Booze & Grub Reviews: NJ
      Oso Felipe

      June 6, 2025

      Booze & Grub Reviews: NJ
      Mambo Cuban Restaurant & Lounge Harrison

      May 23, 2025

      Booze & Grub Reviews: NJ
      SGD Dubu So Gong Dong Tofu & BBQ…

      May 9, 2025

      The NYC Booze & Grub Graveyard
      NYC Booze & Grub Graveyard: Gone Before Their…

      August 9, 2022

      The NYC Booze & Grub Graveyard
      The Press Box Restaurant & Pub

      August 3, 2021

      The NYC Booze & Grub Graveyard
      Natureworks – Midtown

      May 6, 2021

      The NYC Booze & Grub Graveyard
      The National Bar & Dining Rooms

      April 10, 2021

      The NYC Booze & Grub Graveyard
      Hillstone – Midtown

      March 5, 2021

      The NYC Booze & Grub Graveyard
      Connolly’s Pub & Restaurant – 5th Ave.

      February 12, 2021

      The NJ Booze & Grub Graveyard
      NJ Booze & Grub Graveyard: Gone Before Their…

      July 21, 2024

      The NJ Booze & Grub Graveyard
      Scala del Nonna

      February 15, 2023

      The NJ Booze & Grub Graveyard
      Diesel & Duke – Montclair

      January 30, 2023

      The NJ Booze & Grub Graveyard
      Ruthie’s Bar-B-Q & Pizza

      September 14, 2021

      The NJ Booze & Grub Graveyard
      Junior’s Cheesesteaks & Shakes

      December 21, 2020

      The NJ Booze & Grub Graveyard
      Vanillamore

      June 13, 2020

  • Randomness
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    • Odd Finds
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