GameStop reflects growing intolerance in the United States

A well-known investor in a hedge fund Ray Dalio He talked about the rebellion of retail investors that drove down stocks like GameStop, AMC o American Airlines, And it caused heavy losses to the known declining funds.

What happened these days is, according to its founder Bridgewater AssociatesIt is another sign of growing intolerance among those with opposing views affecting the United States.

What then Read?

Herd speculation is dominating Wall Street

“What worries me most is the public anger – and hate almost – and the idea of ​​dropping people who are now almost everywhere in every aspect of the country,” Dalio said in an interview with The Washington Post. He said that “this general desire to harm each other” is a cause for concern.

Understand the mechanics of the markets

While the move by small investors to bid for video game store shares may sound like a “rebellion,” it shows that they are beginning to understand the mechanics of the markets, as it is for those who are under pressure from short bets.

However, investors do feel some knowledge of it, Dalio said.

He said, “They remind me a lot at that age.” “I started investing at a young age and I was a rebel and I wanted to do it on my way and knock it down.”

Neither this article, its statements, the multimedia, or associated content constitute any recommendation or investment strategy. Inversor Ediciones, SLU (including its professionals, collaborators, and suppliers) disclaims any liability for the use it grants to the content published by and / or the journal INVERSIÓN.

See also  Matt Turner of the United States national team suffers a fracture in his right foot

Sacha Woodward

"Wannabe writer. Lifelong problem solver. Gamer. Incurable web guru. Professional music lover."

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top