Gabe Plotkin

They own a percentage of the Yankees.

Gabe Plotkin owns the Charlotte Hornets.

Like these are all Northwestern people, right? We should be gathering them and sharing ideas and concepts.

And we're in the early stages of doing that.

Like, Brandon is kind of their guy, even if Mitch Kupchak was the general manager at the time that they drafted him.

There are, like, you know, just there's the thought process that Rick Schnell and Gabe Plotkin wanted Brandon Miller and that there were some...

And Michael Jordan, I guess, really liked Brandon Miller in that draft.

But even so...

Here's Mike Behan, Hornets Chief Business and Revenue Officer, with the announcement of a new deal for the Hornets covering some of the North and South Carolina Outer Market Broadcast Partnerships.

This is really just a continued commitment that started when Rick Schnall and Gabe Plotkin purchased the team, and they communicated the vision of creating a fan-first organization.

And when it comes to being fan-first, having your games and your content accessible to those fans across the region is really important.

So we spent the last number of months since the end of last season working on a solution that allowed for that.

with his latest stock of interest being GameStop, a company that he himself has sunk $50,000 into because he thinks that Wall Street is overlooking the position and that it's undervalued, leaving an attractive opportunity.

Another aspect here is that the stock is heavily shorted by companies like Melvin Capital, run by the main bad guy of the movie, if you will, Gabriel Plotkin, based on the real Gabriel Plotkin.

Gabriel's been shorting the stock since 2014, which just means that his fund makes money whenever that company's stock falls in value.

I'll leave a link to a video in the description below explaining how short selling works, but just to save time, it basically involves selling the stock today and then buying it back at some point in the future.

Maybe this would be a good time for me to chat with Ken Griffin.

Seemingly to ask to borrow the money or to try and find solutions, with it sort of being implied that Kenneth Griffin suggested that he freeze buying on GameStop to solve their problems because if they can't trade this stock, then they won't have to deal with as large of a fee for the extra volatility of that stock.

And earlier in the movie we're really primed for this outcome of collusion with the scene where Gabriel Plotkin is talking to his wife about how he's not really worried about the GameStop rally even though he's losing a bunch of money because in the past we've seen exchanges and stuff work against these sort of rallies and really unfairly benefit the short sellers with them specifically highlighting the story of Piggly Wiggly, which if you aren't familiar, is a store that back in the 1920s was massively short sold, and the founder tried to prompt a short squeeze by borrowing a bunch of money to buy up shares of the company, with him ending up with 99% of the stock.

It caused the stock price to rally, and eventually the exchange actually intervened, freezing trading of the stock and forcing the founder to liquidate his business to pay back the loans that he had taken out.

That's like...

You know, the famous Gabe Plotkin, who we all knew him from the GameStop era and a lot of other rich families.

It's not illegal, but it's just to Eric's point, I think.

You just don't want to get any attention when it comes to, you know,

And I just looked it up because I wanted to get some of the names right and not just off the top of my head.

If you think about the people that have bought teams over the last few years, right? David Tepper, Josh Harris, Bill Chisholm, Gabe Plotkin, Vinod Khoshla, Steve Cohen, David Rubenstein, the list goes on and on.

what do all those people have in common? They're not, they didn't own local car dealerships.

To your point, they didn't build casinos.