RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: A guy on Reddit turns $1,122 into almost $158,000 with two trades Thu Oct 17, 2019 7:25 pm | |
| Before he became famous for the big short in the 2000s, Michael Burry discussed stock trades on online message boards. Burry's posts were thoughtful, well-reasoned and showed deep research.
The sub-Reddit WallStreetBets, with the tagline "Like 4chan found a Bloomberg terminal," is rarely any of those things.
The forum's 600,000 members dub satirical options-trade commentary over scenes from TV shows like "It's Always Sunny in Philadelphia" and rant about a loss that caused a member to get their "face ripped off." Toss in bit of casual racism and a whiff of locker-room misogyny, and WallStreetBets is a window into the back rooms of a seedy stock-market casino with no Burry to be found.
https://www.smh.com.au/business/markets/a-guy-on-reddit-turns-1-122-into-almost-158-000-with-two-trades-20191018-p531tw.html |
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