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> find the idea that he Just Happened to stumble on a tulip bubble and had nothing to do with encouraging it just too much to believe. He was long gamestop and
by throwaway6734 6y ago
> find the idea that he Just Happened to stumble on a tulip bubble and had nothing to do with encouraging it just too much to believe.
He was long gamestop and published his reasoning to the internet with explicit disclaimers before each video. When his bet started to pay off, people started to hop into the trade.
How is this materially different than any other firm or person that gives price targets or argues in favor of a position?
- compiler-guy 6y agoIf he had sock puppets and unreported holdings, it is substantially different. Also, he apparently misrepresented his qualifications in such a way that it makes the story that much more attractive to investors who could pump his holdings up.