11min chapter

It Could Happen Here cover image

The GameStop Stock Cult (ft. Folding Ideas)

It Could Happen Here

CHAPTER

Beliefs and Influencers in the GameStop Stock Saga

This chapter explores the evolving belief and narrative around the GameStop stock, examining the misconception of a potential short squeeze and the psychology behind the belief system. It delves into the influencers in the financial world who manipulate and profit off of a group of people, discussing their conflicting beliefs and motivations. The chapter also discusses the mechanics of social media, particularly Reddit, and how it influences group think and consensus.

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