From my HS nephew: "I have this assignment for school where I have to invest $1,000 into a company's stock. And I know you're a stocks person so I was wondering if you know a good company i should invest in. Because the winner gets a prize of who makes the most money."https://twitter.com/MebFaber/status/1435980979659673608 …
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same thing happened with mine, kids that won were EXTREMELY short some news that didn’t break until the next day. very fake
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What a fckn zero stakes way for these people to doxx themselves. Homo economicus does not exist and the field of economics is worse than astrology. It's a contra
End of conversation
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I participated in one recently and got a practical demonstration in the difference between professional commodity trader risk tolerance and r/WSB risk tolerance. The top 1-3 people were so far ahead by week 2 I felt like I was trading government bonds by comparison.
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