American rapper Yung Gravy has captured the internet's attention, but this time it's not for a new track. The musician, whose real name is Matthew Raymond Hauri, has gone viral for a brutally honest confession about how he turned a significant profit during the peak of the Covid-19 pandemic.
The Viral Financial Confession
During a conversation with content creator Joe Bonham, Hauri was asked about his biggest "financial flex." Instead of offering a polished answer, the rapper gave a candid and somewhat uncomfortable account. He revealed that at the very start of the Covid-19 outbreak, he made a calculated investment that netted him approximately $400,000.
A Morbid but Lucrative Prediction
Hauri explained his thought process as lockdowns began and people were forced to stay home. He predicted a sharp rise in demand for services like flower delivery. His reasoning was twofold: people would avoid going out in public, and, more grimly, he anticipated that rising death rates would increase the need for funeral bouquets and sympathy flowers.
"At the beginning of Covid, I put a call on 1-800 Flowers," Hauri stated. "It’s dark but I knew people were gonna die and I knew people didn’t want to go out in public. So I made about $400,000 on 1-800 Flowers."
The Stock Market Strategy Behind the Win
For those unfamiliar with market terms, Hauri clarified that he bought a "call." This is a financial contract that allows an investor to profit if a company's share price rises within a specific timeframe. His bet paid off handsomely when 1-800-Flowers.com saw its stock value surge due to the pandemic-driven shift in consumer behaviour. When probed about his financial acumen, Hauri confirmed he studied finance and marketing in college, which likely informed his strategic move.
Mixed Reactions from the Internet
The clip of his revelation spread like wildfire online, amassing over 11 million views in just one day. The comments section reflected a spectrum of reactions, though many users expressed a mix of shock and admiration for his blunt honesty and foresight.
One user commented on the unexpected nature of the story, writing, "Not me thinking he was gonna say he prepaid for $400k worth of flowers for covid funerals. That’s naive, even for me." Another user echoed a similar sentiment, highlighting the common misconception.
A third user offered a pragmatic, albeit cynical, perspective: "I mean....its messed up but war is also a business. So who am I to judge?" The discussion underscores how the pandemic created unique, and often ethically complex, financial opportunities for those who could anticipate market trends driven by global tragedy.
Yung Gravy's story is a stark reminder of how the Covid-19 pandemic reshaped economies and individual fortunes in unpredictable ways, turning some into unlikely investors based on the world's changing needs.
