GameStop has become one of those rare market stories that has transcended the world of finance and entered pop culture; the most recent example might be the negative oil pricing last April. It's a fascinating and weird story for a number of reasons, and whether or not it has knock-on effects in the market it is an important story.

To break it down in an emergency episode, we speak with Jaime Lester, an experienced long-short professional investor who has been on the podcast before. He's done extensive work on GameStop, so we start with the fundamentals, before zooming back out to all the other factors. Those other factors all spin back to the start - do the fundamentals actually matter, and if not, why is that a problem?

Topics Covered

• 1:00 minute mark - Gamestop fundamentally
• 10:00 - Underlying forces at play here
• 17:00 - The tether between value and price
• 24:30 - The consequences of this environment
• 31:00 - Why is this time different
• 38:00 - The Reddit dynamic