Worth a watch.

  • jersan@lemmy.whynotdrs.org
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    1 year ago

    October 16, from superstonk:

    A Review of Dan Olson’s “documentary” This is Financial Advice AKA The World Series of Lies || Part 1: The Prologue

    TLDR:

    • Dan Olson is a YouTuber who makes videos on pop culture, geek culture, and media critiques. His style is very verbose and historically dedicated to “Lore” reviews and discussions.

    • In 2014, Dan was involved in a scandal relating to 8chan and child pornography disclosure, followed by another scandal, where Dan opposed Gamergate’s harassment of women and minorities in gaming, by characterizing an entire gaming community as misogynistic. In other words, it’s not his first time trying to portray a large group of people as misogynistic, in this case without any evidence. This granted him a small supporter community that follows his work to this day. Many of them were shocked by the “wife-changing” pun, ironically also utilized by Olson on his daily chats. Dan’s jokes pull at the heartstrings of his core followers, by insisting in gender-based and gender equality puns, while at the same time inventing that “many apes lie to their wifes”, based on a joke he read somewhere.

    • In January 2021, he had a viral hit with a video criticizing NFTs. In an interview about said viral hit, he stated his new goal of “educating” and becoming a “documentarian”. He stated accuracy should not take a backseat to jokes.

    • In said 2021 interview, he confirmed his NFT criticism video was intentionally released right on the exact day when the crypto market started crashing (January 2021).

    • For his new 2.5 hour video about GME and “Apes”, Dan did not provide any sources or interviews, although he does loosely mention a few documents such as the SEC Gamestop report. In contrast, his 2021 NFT video contained more than 20 written sources in the video description.

    • Dan Olson has been an active participant on “GME_haters” for multiple months, which is dedicated to criticizing GME investors. This community not only harasses GME shareholders, but actively shorts and financially gains from Gamestop loss in value (evidence on reddit post). This granted him a status within that community, a sort of Martha Stewart of the GME_haters club.

    • Dan started researching GME in mid-2022, so he missed the first 2 years of the GME saga.

    • Dan has made clear he dislikes GME investors and Ryan Cohen. He ignored industry experts like Dr. Trimbath and Wes Christian.

    • Dan released his video the same weekend as the movie “Dumb Money” and the delisting of Bed Bath & Beyond stock - confirmed by his supporters as not a coincidence.

    • Evidence (posts) confirm the GME_haters subreddit financially supported Dan’s video production.

    • In previous videos, Dan defined propaganda as ideologically goal-driven messaging that does not attempt to inform but to inflame emotions and deceive (by cherry-picking or manipulating facts).

    • jersan@lemmy.whynotdrs.org
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      1 year ago

      A Review of Dan Olson’s “documentary” This is Financial Advice AKA The World Series of Lies || Part 2: Lies, Omissions and Strong Opinions Loosely Held

      TLDR:

      Dan Olson’s video is a heavily biased opinion piece, not an objective documentary. Dan failed in his 2021 personal goal of becoming a Documentarian and instead created a Propaganda piece. Overall, the video engages in misdirection from start to finish and lacks any factual support for its opinions. Major issues:

      • Claims of Gamestop being overvalued contradicts data.
      • Presents extreme theories as consensus, ignores diverse opinions.
      • Wrongly says retail solely caused Jan 2021 price spike.
      • Downplays illegal trading restrictions in Jan 2021.
      • Misrepresents direct share registration, omits benefits.
      • Ignores mass investor direct registration, contradicts premise.
      • Unfounded claims on Ryan Cohen’s poor business record.
      • Links GameStop investors to criticized fringe subreddit.
      • Claims investors are addicted gamblers harming relationships.
      • Skips shorting mechanics explanation.
      • Excludes & ignores any community initiatives.
      • Omits counter-narrative from industry experts.
      • Unsupported claims to paint GME investors are bigoted, harmful.