ICYMI
GameStop, Reddit & Trump-ism; Same Populism: $GME Short Squeeze, Meme Stocks, Financial Markets & What Lessons It Has About Investing Your Money for Better Returns
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ICYMI
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Narrated by:
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Brian Telestai
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By:
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John Saunders
About this listen
Financial version of Arab spring? Or just another populist wave? This book reviews the short squeeze of GameStop shares in simple terms to make sense of what happened and what lessons it has for your investment decisions.
At the start of 2021 GameStop shares (a company selling games, think: EB Games, Micromania, ThinkGeek stores) went all the way up to $500 from being less than $20 within days.
There was a lot of noise about a very excited Reddit group, some aggrieved hedge funds, restrictions from Robinhood and then as is the ending with all things fun we had a Congressional hearing.
Lets make sense of all that together. Keep calm and read on!
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