The Revolution That Wasn't : GameStop, Reddit, and the Fleecing of Small Investors
Author: Jakab, Spencer
ISBN: 9780593421154
RM131.95
Publisher,Portfolio US
Publication Date,
Format, Hardcover
Weight,
No. of Pages, 300
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Shelf: Non-Fiction Books / Business Finance & Accounting / Securities Options & Future
Shelf: Non-Fiction Books / Business Finance & Accounting / Securities Options & Future
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The Revolution That Wasn't is the riveting story of how the meme stock squeeze unfolded, and of the real architects (and winners) of the GameStop rally. Drawing on his years as a stock analyst at a major bank, Jakab exposes technological and financial innovations such as Robinhood's habit-forming smartphone app as ploys to get our dollars within the larger story of evolving social and economic pressures. The surprising truth? What appeared to be a watershed moment--a revolution that stripped the ultra-powerful hedge funds of their market influence, placing power back in the hands of everyday investors--only tilted the odds further in the house's favor.
