Red West VL
2 hours ago
Hedge Fund pools the funds of large numbers of millionaires and billionaires to allow them to manipulate market prices by moving huge volume as a collective push. It's called high finance.

Reddit pools the funds of large numbers of every day people to allow them to counter the manipulation of market prices by Hedge Fund by moving huge volume as collective push. It's called a crime.

That's how this works. My kid got into this with a couple of his friends in college. Knew full well what it was... knew there were ZERO fundamentals to support any of it and he decided to put a few hundred bucks into it for the hell of it. Bought in again the other day. He's now made as much as he spent on his first car and ready to get out. Where'd the money come from? Redistribution of wealth. They BROKE a hedge fund... $13 billion dollar hedge fund... gone.

This is what happens when the smart kids "occupy wall street", instead of a bunch of meth addict freaks living in public parks and setting up rape tents whining that they can't find a job with their gender studies degree. Is it smart? YEP. Is it wise? NOPE. But I completely get it... and I love it.