NoLasagna Blog

 I've been exceptionally busy lately and haven't had the time to really work on any content, but the whole GameStop and reddit thing was too much to not at least discuss. I see a few glaring things that really paint a horrible picture of the state of society - in particular the younger people. What is happening here is really simple. All these Redditors are buying up GameStop, Blackberry, AMC and other stocks. It's a concerted effort that is driving up the prices of these stocks. All of these companies are weak companies, so we have Hedge Funds moving into short them. Now, if not always, this has been projected as this battle between the regular folks and the big bad Hedgefunds. A few takeaways: The Market is just a game The only thing I can take away from the redditors is that the market is just a game. They don't view investing, taking money to make more money, as anything real. They view it merely as shuffling papers, moving money around and the rich get more of it -...