The rage in markets this week is wallstreetbets — a group of young traders using online apps like Robinhood who are about to break Wall Street and some of the biggest and most sophisticated funds going around. While gains and losses are normal on stock markets, what’s really caught my eye this week is the power shift and the implications it will have on the future of investing.
“Crazy is the new normal
Some might see the stock gains in GameStop as crazy. Others will think a global community of 7 million traders, unorganised, unlicensed and moving in one direction on an open forum is crazy. I don’t think either are crazy, to me they are the new normal.“
- interesting, fresh lens of perspective, Peter. Catching up & staying tuned!