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The Return of Meme Stock Investing | Spencer Jakab & Andrew Left

Hidden Forces

NOTE

Focus on Narrative Investing and Financial Nihilism

The meme stocks craze highlights a shift towards narrative investing and financial nihilism, where the younger generations lack faith in the stock market and see it as disconnected from the underlying economy. The preference for meme-worthy worthless assets like Dogecoin over businesses with real revenues indicates a negative view on stocks tied to fundamental value.

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