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Agree to Disagree: Can Small Investors Beat The Street?

Agree to Disagree: Can Small Investors Beat The Street?

FromOpen to Debate


Agree to Disagree: Can Small Investors Beat The Street?

FromOpen to Debate

ratings:
Length:
54 minutes
Released:
May 13, 2022
Format:
Podcast episode

Description

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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Released:
May 13, 2022
Format:
Podcast episode

Titles in the series (100)

America feels divided. From the most salient questions about our national identity and place in the world, to fundamental concerns about technology, religion, the economy, and public policy, Intelligence Squared U.S. is here to help. A respite from polarized discussions, we bring together the smartest minds to debate and dissect issues in depth, restoring civility and bringing intelligence to the public square in the process.