Meme Stock Mania, EP #81

The Capitalist Investor - Episode 81

Mark and Derek discuss the meme stock mania. Everyone is talking about how these stocks are changing the way some people look at investing in the market. A flurry of individual investors, spurred on by Reddit’s WallStreetBets community, has sent share prices soaring in companies that Wall Street had largely forgotten. And plenty of people have seen substantial gains in a short period of time. Who is investing in these stocks? How have these trends changed investing? How should you approach buying these stocks?

Outline of This Episode

[1:15] Meme stock media and their elevation
[7:30] AMC, Gamestop, Naked Brands, & Humble
[16:50] Story telling time with Bloomberg

Meme stock media and their elevation

The Reddit and Wall Street meme stock investors are having quite a run. Even though we don’t know how its going to end, we take a glance at some of these stocks and compare it to what we do in our business.

AMC, Gamestop, Naked Brands, & Humble

Do some of these check boxes for us? What we know about the brands and our evaluation. We discuss the communities that come around these stocks and the upsides and downsides. Where owning a percentage in it, as long as you are ok with it going to zero, can be a fun ride.

Story telling time with Bloomberg

Big Short and the housing bubble. White Square, a London based hedge fund. We come to the conclusion that we can evolve with the changing times or get left behind. The rules have changed for trading patterns.