Is there anything else we can jam into the last trading day in January? It feels like so much has happened in just the span of one month, I wouldn’t be surprised if we got some sort of grand finale before the end of the day. Let’s hope February is a little more relaxed.
Here’s what I’ve been reading this morning:
‘What is Short Selling?’ – Mullooly Asset Show
- It’s hard to fully understand the mania behind GameStop and Robinhood without understanding short selling. So in this week’s episode, Tom answers the basic and popular question: what is short selling?
‘Three Things I Think I Think: GAMESTONK!’ – Cullen Roche – Pragmatic Capitalism
- In his latest post, Cullen shares his feelings on the only seemingly relevant market topic this week: GameStop. It’s a complicated topic with plenty of nuance, but Cullen does a solid job efficiently stating his take on the matter.
‘Why It’s Usually Crazier Than You Expect’ – Morgan Housel – Collaborative Fund
- Exponential growth is a wild thing. As Morgan illustrates through a few different examples, it often starts slow, grows, and then POPS seemingly overnight. He uses this concept to explain what’s happened in GameStop.
‘How Hedge Funds Get Rich’ – Nick Maggiulli – Of Dollars and Data
- An appropriate post from the beginning of January to link back to. Nick wrote about how hedge funds make their money, and it surprisingly has little to do with their actual investment returns.