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2 years ago
GameStop
Hedge fund that shorted GameStop shuts down
It’s the first hedge fund to succumb to Wall Street Bets. London-based hedge fund White Square, one of the hedge funds that shorted Gamestop, has closed down. According to the Financial Times, the hedge fund has shut down despite having $440 million in assets under management at its peak. However it suffered double digit percent […]
5 years ago
Real ‘Wolf of Wall Street’ Jordan Belfort praises GameStop investors
Jordan Belfort, the man whose career inspired the Wolf of Wall Street movie, has hailed the Redditers investing in GameStop, but warned them to be careful
5 years ago
This Twitter thread perfectly explains what’s going on with the stock market and why everyone’s freaking out
Wonder why Margot Robbie in a bathtub is trending right now? There’s a lot happening with the stock market at the minute, a frenzy you could say, particularly with our old childhood haunt; GameStop. If you haven’t seen The Big Short in a while, you might be confused as to why everyone is freaking out. […]
5 years ago
Billionaire says paying his ‘fair share’ of tax is a ‘bulls**t concept’
A notable Wall Street billionaire named Leon Cooperman has claimed that being asked to pay his fair share of tax is a “bulls**t concept”
5 years ago
Hedge fund requires bailout after Reddit users cause 800% increase in GameStop shares
The surge has led to one hedge fund facing a bailout Users of the social network Reddit have sent shockwaves through Wall Street after they quintupled GameStop shares, and made an enormous amount of money in the process, after being mocked on Twitter. The surge was sparked when users took issue with a tweet from […]
5 years ago