Spencer jacob: Passive investing is the best way to build a nice nest egg. He says wall street buys up all the rennel properties, squeezing mom and pop investors out of the game. If you don't sit out, then wall street gets a monopoly on in rental real estate - that would make for a far worse situation than it already is. Spencer's book called 'The revolution that wasn't gamestop'
#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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