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Home » Lifestyle » Money

How (Not) to Pick Stocks From the Guy Who Made Millions on GameStop

By Rebecca Swanner | February 4, 2021 | Leave a Comment
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How Not to Pick Stocks from DFV Reddit - Roaring Kitty

Keith Gill, better known as DFV or DeepF**ckingValue, or “the guy who saw GameStop’s potential coming from a mile away,” knows what he’s doing when it comes to investing. Not that you necessarily want to follow all his investment advice.

How Not to Pick Stocks from DFV Reddit - Roaring Kitty

Or, really any of it. Because, as he says on his YouTube channel Roaring Kitty, his style might not be for you!

The affable 34-year-old is a value investor who uses technical analysis. This means he spends a lot of time researching and finding stocks that are under performing and investing in them. It’s high risk, but also, sometimes, high reward.

After all, DFV invested $53,000 into GameStop in June 2019. As of a few days ago, he’d reportedly cashed out $14 million and even after the stock had dropped by a lot, his remaining investment was still worth quite a bit.

How Not to Pick Stocks from DFV Reddit - GME Earnings
DFV’s screenshot from Wallstreetbets

So, if after the whole GME (GameStop) and AMC debacle, you want to get a sense of his style because you’re interested in not picking a stock that requires diamond hands, check out this video about his investment style.

(And, if you’re looking for somewhere to setup your portfolio, Ally is a reliable option.)

In watching all those entertaining-yet-informative videos, what you might skip over is this hilariously dry video about how to pick stocks based on feel. Because, who needs fundamental research when you can just shake an 8 ball?

Those don’t work? Try UNO cards! Or Bananagrams. They’re not just good for losing your dignity on game night. You can also use them to lose money on stocks!

(Again, this is not investment advice. We lost money on GME. Our magic 8 ball says that DOGE might be good. What do you think?)

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Rebecca Swanner
Rebecca Swanner
Founder + Editor-in-Chief at Let's Eat Cake
Pleased to meet you. I'm the founder and Editor-in-Chief of Let's Eat Cake: The world's first smart, funny lifestyle site for women.

I've written or worked for a wide range of lifestyle sites and magazines, including Billboard, Nylon, Parade, Men's Journal, Us Weekly, Stuff, Blender, Beachbody, Alternative Press, Electronic Gaming Monthly, and more. See more on my LinkedIn.

On the baking side of things, I've run my own baking company and competed on Cupcake Wars, so hit me up with your baking questions! I respond fastest on Instagram where you can find me @letseatcakeblog

Want to know more? Here's my full bio.
Rebecca Swanner
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131 shares