Is Dumb Money Based on a True Story?

Directed by Craig Gillespie, Dumb Cash is a 2023 American biographical comedy-drama movie. The forged contains plenty of well-known actors like Paul Dano, Pete Davidson, Vincent D’Onofrio, America Ferrera, Nick Offerman, Anthony Ramos, Sebastian Stan, Shailene Woodley, and Seth Rogen.

Filmed in “Dumb Cash” in New Jersey from October to November 2022, the film premiered on the Toronto Worldwide Movie Pageant on September 8, 2023.

After that, it was launched in america by Sony Photos Releasing. It got here out in just a few theaters on September 15, 2023, after which in additional theaters on September 29, 2023. Critics usually appreciated the film, and it made $20 million all over the world.

Nonetheless, with such a rare story, it’s possible you’ll discover it tough to consider that it’s true. However is it? Let’s clarify.

Is Dumb Cash a True Story?

Sure, the principle plot of Dumb Cash is predicated on real-life occasions, particularly the Reddit GameStop incident of 2021.

The official storyline synopsis for Dumb Cash is as follows: “Dumb Cash is predicated on the unbelievable true story of the YouTuber who drove Wall Road to its knees and made tens of millions by reworking the video-game retailer GameStop into the world’s hottest firm.

Is Dumb Money a True Story?

“Within the midst of all of it comes common individual Keith Gill, who begins by investing his life financial savings within the inventory and posting about it. When his social media posts go viral, so do his life and the lives of those that observe him. As a inventory tip turns into a motion, everybody good points wealth – till the billionaires strike again, and either side worlds are turned the other way up.”

Learn Extra: Is Netflix’s Iron Reign Based mostly on a True Story?

It’s possible you’ll keep in mind the Reddit GameStop inventory incident only for the memes it spawned, however beneath all of it is a real story about Wall Road millionaires versus the frequent man.

Dumb Cash can be based mostly on a ebook, specifically Ben Mezrich’s ‘The Delinquent Community: The GameStop Quick Squeeze and the Ragtag Group of Novice Merchants That Introduced Wall Road to Its Knees’.

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Marya Vinget

Marya Vinget is a freelance writer who works for may content writing agencies and for personal blog owners. She loves to write about everything from Tech to entertainment, You can hire her for the versatile writing attitude.