3 years ago
The internet offers hedge fund managers some hilarious advice, familiar to millennials
It takes a certain amount of financial acumen to understand exactly what happened earlier this eventful week on Wall Street. The simplest explanation, however, is that a bunch of Redditors reenacted the climax of Trading Places, using stock for the still-chugging-along Donkey Kong retailer, GameStop. The cleverly coordinated market manipulation has moved even some unlikely voices to rejoice around the so-called little people sticking it to Master of the Universe-types by exploiting their own exploitative loopholes and practices.
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