GameStop Stock Soars as Reddit Investors Take On Wall Street

Reddit’s short squeeze was not a populist challenge to the tyranny of finance capital — it just played one on CNBC.

The online pranksters behind the great GameStop bubble of 2021 are probably going to lose a lot of money. But they’ve done the world a service by reminding us of the utter uselessness of the stock market, an institution that serves no purpose besides making a small number of undeserving people rich.

Vintage stocks are hot. But you’ll probably be better off in the long run if you keep your cool.

The stock market cannot cure what ails you.