SXSW: Diamond Hands: The Legend of WallStreetBets
During the pandemic, many of us took an interest in the stock market out of sheer boredom and a desire to turn stretch our stimulus checks. Then in 2021, Reddit users who followed r/WallStreetBets took it a step further by buying GameStop (GME) and AMC stock changing the valuation of both companies and throwing the market for a loop. Directed by Drea Cooper and Zackary Canepari, Diamond Hands (a term for those who hold onto a stock for longer than normal to let it grow) follows the story of Reddit users who overtook the market and the ripple effects it had in the financial world. The film is frenetic and difficult to follow unless you’re well versed in stock market lingo and spend a lot of time consuming short video content. Some of the subjects are a bit annoying but I’m glad they balanced out the tech bros with two women investors. Unless your super interested in the topic, this documentary is a pass.
Diamond Hands: The Legend of WallStreetBets had its world premiere at the 2022 SXSW Film Festival