i trade options.... you know the products that are only designed for hedging and are supposed to be held to maturity. Tabb's favorite product and the focus of his research.
You don’t understand me at all. Did you use the same analytical skills to determine I’m a millennial from WSB as you did to figure out GME’s PE?
At the center of this shift, a vocal figure has appeared: Social Capital founder Chamath Palihapitiya, who has taken interviews with everybody from CNBC to AOC, railing against the establishment elite and expressing his support for the rise of individual traders. Chamath has expressed views we wholeheartedly agree with: Wall Street is a corrupt cesspool. This is why we have been shining light on it for almost half a decade. When things go south, bankers and executives cry for bailouts and regulation to stack the deck. This is wrong, and it shouldn’t happen. People should not be censored. We welcome the democratization of information and publishing. Hindenburg launched 4 years ago with a staff of one, flat broke, on the verge of eviction, and facing lawsuits from powerful corporations. We did it with nothing more than a website and a Twitter account dedicated to exposing fraud. But while we agree with the ideals being supported by Chamath, we’re also skeptics by nature. And we were intrigued to see a billionaire taking media calls from his mansion, making hundreds of millions of dollars selling SPACs to retail investors, all while positioning himself as the de facto leader of the average Joe.
another interesting article on GME https://www.wealthmanagement.com/technology/what-gamestop-episode-says-about-future-fintech
oh I got you pegged alright: 1. Lies about his CFA 2. Don't understand Put-Call parity for pricing options, hopefully not a believer in the BS model scam 3. Millennial obsessed with GME