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jrvarma.wordpress.com
| | www.ppesydney.net
2.9 parsecs away

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| | In the flurry of hot takes on the GameStop adventure, three common features emerge. First, almost everyone agrees, this is so much fun! That a Reddit community of amateur traders could take on a big hedge fund and win - at least temporarily - is cause for a roaring gotcha. Second, the reactions of Wall Street and more recently of Robinhood - the app used by the Redditors that subsequently sought to deprive them of their victory - are unanimously deemed outrageous: gambling with other people's money, these predators dare claim, is a serious business that should be left to professionals. One suspects that wounded short sellers do not merely cry over the billions they lost. Equally painful is the fact that, instead of being regarded as cynical geniuses of finan...
| | www.chrisritchie.org
2.9 parsecs away

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| | [AI summary] A blog post detailing the author's near-miss attempt to profit from the GameStop stock surge orchestrated by WallStreetBets investors in early 2021.
| | ritholtz.com
2.6 parsecs away

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| | Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media
| | mathinvestor.org
30.6 parsecs away

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| [AI summary] A discussion on the performance of actively managed investment funds versus index funds, highlighting the generally poor performance of active funds and the advantages of passive investing strategies.