The Compound and Friends

Meme Stocks or Manipulation?

71 snips
Jul 25, 2025
Nick Maggiulli, COO at Ritholtz Wealth and author of 'The Wealth Ladder,' teams up with Caleb Silver, Investopedia's Editor-in-chief, to tackle pressing financial questions. They dive into the controversial world of meme stocks, debating whether hype constitutes manipulation. The duo also sheds light on Bitcoin's potential, the spending habits of younger generations seeking experiences over possessions, and the shifting landscape of investment strategies amid economic changes. Tune in for insightful takes on today's complex financial dynamics!
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INSIGHT

Meme Stock Promotion vs Manipulation

  • Eric Jackson's promotion of Opendoor sparked a mania but isn't considered manipulation.
  • Market manipulation requires inside info or illegal conduct, which isn't evidenced here.
INSIGHT

Housing's Impact on Meme Stocks

  • High money market fund balances stem from unaffordable housing and elevated interest rates.
  • This liquidity fuels speculative trading in meme stocks as alternatives to homeownership.
ADVICE

Exercise Caution in Euphoria

  • Be cautious entering new individual stock positions amidst high market euphoria.
  • Maintain regular contributions to 401ks but consider pausing speculative buys.
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