A lot of Redditors hate the Reddit IPO
www.theverge.com
“Yea I’m not buying. But I will be watching it tank.”

A lot of Redditors hate the Reddit IPO | Reddit warned us that its users were a risk factor, and boy do they sound excited about shorting its stock.::Reddit seems like a likely candidate for a meme stock. But the actual reaction suggests that r/WallStreetBets isn’t going to send the stock to the moon.

  • TranscendentalEmpire@lemm.eeEnglish
    2·
    9 months ago

    like 95% of people who are paid to beat the market perform worse than index funds over any period greater than 5 years.

    Not too crazy to imagine, especially with how the markets have been behaving recently. Index funds have been having crazy returns the last year or so.