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People are already talking about the movie – a modern day tale of David versus Goliath with a financial twist. I hope it’s as good as The Big Short. But I also hope we takeaway more from this experience than just knowing we have another blockbuster around the corner on Netflix or Amazon Prime.
There is an important lesson from the GameStop experience. Retail investors are becoming an increasingly powerful part of Western capital markets thanks to the enfranchisement afforded them by technology. The pandemic has only accelerated this trend. When this group of small investors rallies behind a cause, as they did for some reason behind GameStop, they can be highly effective at enacting swift and significant change.
Now imagine for a moment you could...
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