If you choose to squander the opportunities in front of you, that decision makes the situation worse for everyone. All it'll do is weaken yourself and reduce your circle of influence - which means you will be able to make less of an impact. The thing that makes for the catchiest slogan is not the thing that actually creates change. Sometimes the revolution is quiet, and it takes the form of creating a new coop brokerage or popularizing the index fund.
#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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