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I think he does a decent job of discussing the psychology of it. I've been following this stuff SPAC/WSB through Bloomberg et al and they can't really put thems
by orzig 5y ago
I think he does a decent job of discussing the psychology of it. I've been following this stuff SPAC/WSB through Bloomberg et al and they can't really put themselves into the headspace of the traders like this (or even get significant quotes), so it's the first time I've heard a deep explanation for "What are they thinking?"