Month: November 2020

November 16, 2020

Best Lessons From GameStop’s Price Frenzy

Avalanches and tsunamis happen in the natural world. Why not in modern finance?Warren Buffett has expressed very negative view towards gambling, saying, “Day trading comes very close to gambling.” and that “gambling is a tax on ignorance.” His advice? Get rich slowly. These days, capital markets are anything but slow. A Reddit forum of 3.5 million users that discuss speculative bets banded together to push […]