Agree to Disagree: Can Small Investors Beat The Street?
with Spencer Jakab and Tom Sosnoff
May 13, 2022
53 min
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252 of 464
May 13, 2022
Agree to Disagree: Can Small Investors Beat The Street?
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Open to Debate Episodes Around May 13, 2022
Episode 252 of 464 — walk the feed in the order it was published.
53:37Thinking Again with Adam Grant: The Power of Debate, and Knowing What You Don’t Know
53:34This episodeAgree to Disagree: Can Small Investors Beat The Street?
Summary
In a modern-day battle of David and Goliath on Wall Street, thousands of amateur retail investors banded together to bid up stocks in a handful of failing companies, most notably the nostalgic video game hub known as GameStop. Within days, the renegade traders sent stocks soaring and dealt heavy blows to hedge funds and other traditional professional investors who had bet against the companies. The "meme stock" phenomenon was born. But where does "revolution" stand a year later? Did the amateurs—trading mostly on the Robinhood platform—change the world of finance? Should more "ordinary" investors get into the game? Or will that benefit Wall Street at the little guy's expense?
In this "Agree to Disagree," the Wall Street Journal's Spencer Jakab and Tastytrade co-founder Tom Sosnoff take on the meme stock debate head-to-head.
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