https://ift.tt/3a6hpB2 For years, professional money managers and hedge funds have tsk-tsked about individual investors. They have dismissed them as “dumb money” and cautioned that so-called “retail” investors lack the acumen and experience to make the right calls and weather the inevitable storms. That has often been the case, but then came the GameStop phenomenon , when a tsunami of that so-called dumb money flooded parts of the stock market, leaving Wall Street professionals not just scratching their heads but a few of them badly wounded . And while this might be an anomaly, it more likely is the first rumbling of what will prove to be radical transformation of money and markets. In less than a week, shares of the company GameStop rose more than seventeen-fold by the end of trading on January 27 after its prospects were touted two weeks ago on a Reddit sub-group called r /wallstreetbets that has several million subscribers. GameStop, a retail chain that started as a hu...
A straightforward view on the stark reality of state of affairs surrounding us. A reflection of feeling for the event happening around us with a perspective of common masses being affected and whose feelings do not capture the focus of mainstream media and persons.

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