“Reddit Pundits are *****s
On the other side of the spectrum we have the *****s of Reddit, who continue to pump GameStop stock, dogecoin, and NFTs, among many other dubious investments. (I love Reddit, just not for just not for financial advice.)
As opposed to the highly regulated, professionally licensed world of wealth managers, anyone with a keyboard and opposable thumbs can post to sites like Reddit, YouTube, or Seeking Alpha. Importantly, you don’t even know who they are. They don’t have to reveal their real names!
This means if you blow all your money on their ridiculous fan theories, there’s no one to blame except yourself. It also means you never really know if they’re working for you, or secretly working for some hedge fund or crypto startup. It’s sketchy McSketchville.” – John Hargrave
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Thread: Are Reddit Pundits Not Wise?
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09-05-2021, 03:48 PM #1
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Are Reddit Pundits Not Wise?
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