3min chapter

Panic with Friends - Howard Lindzon cover image

Panic With Friends with ME (Howard).... The Stocktwits Story (EP.240)

Panic with Friends - Howard Lindzon

CHAPTER

Socktas - A Seminal Moment

Hedge funds had never seen internet scale, right? Like all their models got tested with GameStop because for decades, their models were against non-internet traffic ideas. Their models could not at all fathom internet, Reddit. It's a perfect storm without the hedge funds really understand. And so that is the story, how Robin had handled, how we all handled it. Neither here nor there. But that was a seminal moment. Putting the money in people's accounts. Click of a button. Everybody pushing green or red at the exact same time. What's fascinating is people think that will happen again.

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