查馬 皮拉哈皮提雅：散戶和華爾街共同基金對陣

来源: 于 2021-01-29 11:11:22 [博客] [旧帖] [给我悄悄话] 本文已被阅读：次

Today\'s interesting discussion came from CNBC inviting Chamath to go on TV for an interview. (Those who don\'t know Chammath will have to check this guy out




This is definitely no longer the 戶Buffett era, but belongs to the likes of Musk and Chamath. Whether you agree or not, this is what a new generation of young people think and act.




Chamath was apprerant retail investment representative because he has a lot of followers and he led the charge to buy GME (Gamestop) in chat rooms. After taking a moral high ground, CNBC hopes to defuse Chamath with grilling.




Few takeaways




the reason GME\'s share price has skyrocketed to at least some 1800%, it is a beautiful story that small individual investors beat the big institution for shorting this stock and want to wipe out the small guys (they have done that so many millions of times), however not this time, some kid just using the earning in a couple of days purchased a house!




Some big time hedge fund (managing 19 billion) lost 15% of its value.




One of the reasons is that the stock is short 140% by institutions. Today’s trading range was 112 to 483.




If big Wall Street institutions routinely use tools that retail investors can\'t use, how can 40% more be caught by retail investors?




The Host try to say the small guys do not do any basic analysis, Chamath told him the institution do not look at basic analysis either, he also argued that The level of research in the boiler room, many of which are comparable to that of hedge funds, why shouldn\'t retail investors buy and sell based on so called expert research?




Chamath also told the host the quantitative funds on Wall Street (specify Renaissance), simply do not look at fundamentals to buy and sell, why they never got blamed




Given the history of Tesla\'s share price, all hedge funds are wrong and all retail investors are right. Yeah! Why should hedge funds have to be more right than retail investors?




It was supposed to be a moral torture of retail investors, but it turned into an inquiry into the soul of the establishment elite




Wall Street establishment trade market on secrets, on good dinners, on rubbing elbows. GME trade showed the pushback of elite by the small guy in a bigway. And the forum discussion is transparent, and these are things that Wall Street should learn. And those blogger are very courageous.








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