Pitchforks and Torches at GameStop: The Reddit Raid on Hedge Funds! скачать в хорошем качестве

Pitchforks and Torches at GameStop: The Reddit Raid on Hedge Funds!

The story of how small investors gathered together at GameStop, AMC and other shorted stocks, to bring hedge funds down resonates because of its David versus Goliath theme and the low esteem that people have for Wall Street. While it is still unfolding, I look at how we got here with GameStop and argue that it represents a coming together of three forces that we have seen play out in the last decade, a justified mistrust of experts, a trust in crowd wisdom and the conversion of every argument into the personal and the political. I am not a fan of hedge funds, but I do have raise a question about what the end game in this is for individual traders, who have been part of this buying frenzy. Is it just getting back at hedge funds or is GameStop a good investment or a good trade? Ultimately, running a hedge fund or two of business, while impoverishing yourself does not strike me as a good trade. Slides: http://www.stern.nyu.edu/~adamodar/pd... Blog Post: https://aswathdamodaran.blogspot.com/... Valuation of GameStop: http://www.stern.nyu.edu/~adamodar/pc...