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Learning From the Most Ruthless Robber Baron (Jay Gould) | Greg Steinmetz
Forward Guidance
The Rise and Fall of the Stock Market
Investors got such large access to GameStop shares AMC shares as they owned extremely out of the money call options that became more in the money so it was sort of this reflexive spiral. They ended up owning owning a lot of it and causing a squeeze I know if you like say look at a chart of the volumes of call options particularly volumes of call option of under 50 lots indicating retail investor it just absolutely exploded in 2020 and 2021 how severe would you say the speculative frenzy in 2020 and 2019 was relative to other periods in history?
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