2min chapter

Odd Lots cover image

This Is What Happened to the Meme Stock Mania

Odd Lots

CHAPTER

Do Meams Die Out?

The reason that one buys stock is a belief that they will make money from doing so. But then you see an ascet like a bitcoin, which has no fundamental value. There isn't an equivalent of something that will directly imply a market price That can be arbitraged downwards. And that's when you seeik, the longevity of these means. Do meams die? I don't know how beams dye.

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