Exposing The Wizards Behind The Curtain
A Pilgrim’s Odyssey

Exposing The Wizards Behind The Curtain

2021-01-29
The GameStop stock mania has shown a lot of people what is behind the curtain of finance. Short selling is a fairly simple concept—an investor borrows a stock, sells the stock, and then buys the stock back to return it to the lender. Small traders, college kids, and many others took advantage of this, primarily on the trading app Robinhood. They purchased and drove up the price of GameStop that many big hedge funds and banks were counting on going bankrupt and making money with a s...
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