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Benn Eifert On The Mania That Was Even Bigger Than Meme Stocks
Odd Lots
Investing in Options Trading
I think it's much more about the collective perception of relative risk and return. The growth of narratives justifying that perception, and then the broad socialization of more and more people into that perception. When you look specifically at retail options trading, and a lot of the aggressive, marked participation that has showed up the last few years. I do think the pandemic played a real role. It's not just people sitting at home in their brokerage account doing stuff by themselves. Theyre increasingly in discords or on twitter, some kind of social group, or redawall street bets. Once that's there, and once its fun, entertaining social thing, and t has a group gambling component to
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