How A Group of Redditors Went VIRAL And "Took Down" Wall Street - The GameStop Short Squeeze скачать в хорошем качестве

How A Group of Redditors Went VIRAL And "Took Down" Wall Street - The GameStop Short Squeeze

Yes, GameStop go brrr... but why? === VIDEO SUMMARY === The GameStop short squeeze was a revolutionary piece of modern history, where a bunch of Redditors from r/wallstreetbets banded together to push the price of $GME high enough to bankrupt a few hedge funds that shorted the stock. I believe 2 psychological factors were responsible for this phenomena. Namely, 1) People are Bored and 2) Herd Mentality. 2020 was a pretty dull year, and 2021 doesn't seem to be any different. As a result, people are sitting at home with nothing but idle time on their hands. And when they stumbled onto this get rich quick scheme designed to save the nostalgic GameStop brand while getting revenge on evil Wall Street for what they did in the crash of 08, they were pretty much in. Herd mentality also made GameStop spread like wildfire, and made it easy for new people to jump on the bandwagon. The massive social proof from 9 million other people partaking in the fad (including big names like Elon Musk, the richest man in the world) also made investing in GameStop very lucrative to do. There's a lot more nuance to it, and I go into that in the video, but this description is essentially the TLDR explaining the support for the movement. #wallstreetbets #psychology #reddit #GME