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If You Can’t Beat ‘Em, Join ‘Em: How Traders React in a Crisis

If You Can’t Beat ‘Em, Join ‘Em: How Traders React in a Crisis

FromMorning Brew Daily


If You Can’t Beat ‘Em, Join ‘Em: How Traders React in a Crisis

FromMorning Brew Daily

ratings:
Length:
42 minutes
Released:
Apr 2, 2020
Format:
Podcast episode

Description

Like 4chan found a Bloomberg terminal. That’s the motto on the subreddit r/WallStreetBets, where 1 million members share the most horrifyingly risky stock market strategies imaginable. 
And in these volatile times, those bets are riskier and bigger than ever. So this week on Morning Brew’s Business Casual podcast, we spoke with r/WallStreetBets founder Jaime Rogozinski to understand the new norms in market psychology.
Rogozinski, a serial entrepreneur who takes almost no responsibility for the fortunes both won and lost on the subreddit he created, explains…

Why millennials are approaching investing differently during the COVID-19 pandemic

How a fundamental lack of trust in the investing system impacts markets across the board

When bear vs. bull markets are nothing but a social construct


Listen to the episode now.
Released:
Apr 2, 2020
Format:
Podcast episode

Titles in the series (100)

Join Morning Brew to get the unexpected business story behind everything! Journalist Nora Ali and comedian Scott Rogowsky bring you conversations with creators, thinkers, and innovators who can tell you what it all means, and why you should care. Episodes drop every Monday and Thursday. Presented by Stella Artois.