An Aversion to Discipline

It has been an interesting beginning to 2021, as millions of amateur traders have taken on the pariah of Wall Street – short sellers – and, for the moment at least, appear to be winning. Using a somewhat juvenile Reddit page, these individual investors have banded together to squeeze a couple of the larger hedge funds. Bitcoin?.. no regulation, no problem. Shopify…no cash, still, no problem. Gamestop, AMC, Tesla, silver…the list goes on and on.

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