You must have followed thestoryin early February of this year about how a bunch of amateurs exposed the way hedge funds make money. I do not want to say more, but I would like you to read as much on...

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You must have followed thestoryin early February of this year about how a bunch of amateurs exposed the way hedge funds make money. I do not want to say more, but I would like you to read as much on this story as you can, and reflect on a few points.



  1. How did the sub-Reddit "Wall Street Bets" pull the whole thing off?

  2. Why did the hedge funds lose money?

  3. At a philosophical level, what does this say about how the financial markets work?

  4. Are hedge funds and money market players any good for society?

Answered Same DaySep 19, 2021

Answer To: You must have followed thestoryin early February of this year about how a bunch of amateurs exposed...

Abhishek answered on Sep 20 2021
141 Votes
Running Head: MANAGERIAL ACCOUNTING                        1
MANAGERIAL ACCOUNTING                                2
MANAGERIAL ACCOUNTING
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able of Contents
Answer to Q1    3
Answer to Q2    3
Answer to Q3    3
Answer to Q4    3
References    4
Answer to Q1
Speculative investing is being done by Wall Street Bets if it is provided on Reddit in the traditional house style. In the public hub, the retail investors coordinated their buying power, which can amplify the price pops. There have been highlights pit on the GameStop shares, which urge others in buying the shares and options for moving towards the higher price (Phillips & Lorenz, 2021). There is not simply buying of stocks but also options that provide the holder with the right for buying or...
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