2021: GameStop

Things that are not part of politics happening presently and how we approach or address it as Anabaptists.
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temporal1

2021: GameStop

Post by temporal1 »

“Designed to Deceive: How Gambling Distorts Reality and Hooks Your Brain”
http://theconversation.com/designed-to- ... rain-91052

July 2020
http://forum.mennonet.com/viewtopic.php ... ons#p94772

2021: GameStop

Feb 2021:
“The GameStop Phenomenon Is Hardly New. Here’s How a Similar Squeeze Played Out in 1923.”
https://www.barrons.com/articles/the-ga ... 1612361822

Thoughts? ..
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temporal1

Re: 2021: GameStop

Post by temporal1 »

“You can’t open a brokerage account until age 18 because it requires signing a contract. That gives you 2 years to learn.

I think it is great for a young person to be interested in investing, but not day trading.
Ignore the promotional lies online - day trading is not a source of quick easy money for novices.
Most people fail because they do not realize it is a full time job rather than a side hustle.

I encourage you to think about investing for the long term. Here are 3 classic books on stock investing if you are willing to put in the effort.”

One Up On Wall Street - Peter Lynch
A Random Walk Down Wall Street - Burton Malkiel
The Intelligent Investor - Benjamin Graham

Jerry Campbell, Retired portfolio manager. Quant analysis. CFA.
Answered October 24, 2017
“ somewhere” i saw this response. ^^

i know of someone caught up in this drama, otherwise, i doubt i would have noticed it at all.
i’ve been sad over it. i’m praying for a big “walk-away” from it.
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Josh

Re: 2021: GameStop

Post by Josh »

Probably a better comparison would be to VW's short squeeze a decade ago, not to something in 1923 when markets were radically different.
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