Reported 11 months ago
The article discusses the suspension of disbelief involved in the GameStop stock phenomena, cautioning against investing in GameStop due to its volatile nature and limited growth prospects. It explains the concept of short-selling and naked short-selling, highlighting the decreased short interest in GameStop compared to 2021, making it less likely for a similar short squeeze to occur. The author advises focusing on stable and innovative companies like Tesla, Meta Platforms, and Tencent Holdings for long-term wealth building.
Source: YAHOO