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Bonus Episode: GameStop Traders Rock the Financial Industry

After Hours

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Is It Possible to Redistribute Wealth in the Financial Markets?

This will end up with a distribution of wealth away from the folks who buy robin hood at, whatever, 200 dollars. It looks like the kind of gutsy rit it traiders are winning. But i think young me, your instinct's exactly right, which is, like many populous movements, it'll actually make them worse off. We've had an nary set of returns delivered mostly to holders of capital. And so this element of populism also, i think, connects to my favorite german word, which is schaden freude.

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