Agree to Disagree: Can Small Investors Beat the Street?
In a modern-day battle of David and Goliath on Wall Street, thousands of amateur retail investors banded together to bid up stocks in a handful of failing companies, most notably the nostalgic video game hub known as GameStop. Within days, the renegade traders sent stocks soaring and dealt heavy blows to hedge funds and other traditional professional investors who had bet against the companies. The "meme stock" phenomenon was born. But where does "revolution" stand a year later? Did the amateurs—trading mostly on the Robinhood platform—change the world of finance? Should more "ordinary" investors get into the game? Or will that benefit Wall Street at the little guy's expense?
Tom Sosnoff is the founder of co-CEO of tastytrade, one of the fastest growing online financial netw... read bio
Against The Motion
Spencer Jakab -
Wall Street Journal Columnist
Spencer Jakab is an award-winning investing columnist. He writes for and edits the Heard on the Stre... read bio
Watch - Listen - Learn
Intelligent topics, Intelligent debates - Now available wherever you are
A nonpartisan, nonprofit organization, Intelligence Squared U.S. addresses a fundamental problem in America: the extreme polarization of our nation and our politics.
Our mission is to restore critical thinking, facts, reason, and civility to American public discourse.