PFOF and its discontents; Ugh fine, we'll debunk the GameStop conspiracy theory

Discussion in 'Wall St. News' started by ETJ, Sep 15, 2023.

  1. ETJ

    ETJ

    PFOF and its discontents; Ugh fine, we'll debunk the GameStop conspiracy theory
    Alexandra Scaggs - Financial TImes
    During the meme-stonk craze of 2021, everyone had one question: Is a working-class revolution happening in the stock market? The answer was self evident: No. Some people made money in a speculative bubble, which was nice for them! Some more people lost money, which was less nice for them, but they memed a hedge fund into oblivion, which was pretty funny. And in the process they started to fancy themselves the new sans-culottes, which was very dumb.
    /jlne.ws/48hX7BZ
     
  2. Overnight

    Overnight

    Paywall
     
  3. FSU

    FSU