This is one of the strangest things i've ever seen. I knew it right away, you knowth responded, oh, do you have a book proposal about it? Ke, no, this is halick literaiondo about this ten minutes ago. But this is going to be a big deal. It's highly unusual. This is not something that happens all the time. An a lot of things have to kind of all at once for this to to occur. The thing is that that it wasn't a monolith. So people, many people, thet's say this like a religious movement,. People are have been in the movement for and they get a new recruit.
#361: Wall Street Journal columnist Spencer Jakab marks the one-year anniversary of that weird time when the subReddit Wall St Bets pumped shares of meme stocks like GameStop and AMC Theaters, triggering a short squeeze that forced several hedge funds to lose billions.
What did we learn from that experience? And how do we actually take down Wall Street? How do we launch a truly effective financial revolution?
We share those insights in today’s episode.
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