Spencer Jakab: GameStop, Reddit & the Fleecing of Small Investors | SALT Talks #269

Spencer Jakab, the Editor of the Heard on the Street column in The Wall Street Journal, has written a splendidly entertaining account of the meme stock craze: “The Revolution That Wasn’t: GameStop, Reddit, and the Fleecing of Small Investors.” During one crazy week in January 2021, a motley crew of retail traders on Reddit’s r/wallstreetbets forum had seemingly done the impossible—they had brought some of the biggest, richest players on Wall Street to their knees. Their weapon was GameStop, a failing retailer whose shares briefly became the most-traded security on the planet and the subject of intense media coverage. Check out Spencer’s book here: https://www.amazon.com/Revolution-That-Wasnt-GameStop-Investors/dp/0593421159/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=&sr= —————————————————————— Watch this video on YouTube: https://www.youtube.com/c/SALTTube/videos For podcast transcripts and show notes, visit https://www.salt.org/talks/about Moderated by Anthony Scaramucci. Developed, created and produced by SALT Venture Group, LLC. #SALTTalks