The Role of Risk in Our Lives

Tune in to hear:

- What in particular about the environment, including the pandemic and lockdown, contributed to the sort of fervor and madness we saw around meme stocks like Gamestop?

- Risk, excitement and novelty were somewhat systematically stripped from our lives during the initial quarantine - what role, if any, did this play in the meme stock phenomenon?

- How did the trading apps themselves, and the gamification of trading, catalyze some of these behaviors?

- Who is Keith Gill and how did he become so central to this movement?

- How central to the phenomenon of Wall Street Bets was the moral dimension of “sticking it to the man?”

- Many of these meme stocks are still soaring greatly above where they were 2-3 years ago, and yet Spencer thinks that this “revolution” is bound to fail. Why does he think this is the case?

- Will the phenomenon of "Finfluencers" continue or will further regulation and other obstacles put an end to this?

- Did many financial professionals use the Wall Street Bets phenomenon as a sort of Trojan Horse to benefit themselves?

Twitter @spencerjakab

https://spencerjakab.com/

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