LEADER 00000cam 2200301Ki 4500 001 1199072423 003 OCoLC 008 201007s2020 xxua b 000 0 eng d 020 9798606685684 040 HRF|beng|erda|cHRF|dOCL|dOCLCO|dUtOrBLW 092 332.6322|bROG 100 1 Rogozinski, Jaime,|eauthor. 245 10 WallStreetBets :|bhow boomers made the world's biggest casino for millenials /|cJaime Rogozinski. 246 3 Wall Street Bets 246 30 How boomers made the world's biggest casino for millenials 250 First edition. 264 1 [United States] :|b[Publisher not identified],|c[2020] 300 viii, 156 pages :|billustrations ;|c22 cm 336 text|btxt|2rdacontent 337 unmediated|bn|2rdamedia 338 volume|bnc|2rdacarrier 504 Includes bibliographical references (pages 150-156). 520 The stock market and by extension the greater financial system has lost touch with its fundamental purpose for existing. There was a time when the stock market was a mechanism for growing businesses to raise money, playing a large role in the industrial revolution--boosting America to a global superpower. Today the stock market has morphed into a high-tech system of fluctuating arbitrary numbers which are used by individuals and industries alike to find profit opportunities by placing bets, masqueraded as sophisticated financial maneuvers with fancy labels and acronyms. Nowhere is this more evident than with the tendencies observed today. There is a shocking trend by today's Millennial generation to shamelessly and unapologetically find ways to use the stock market to place very high-risk bets. And unlike formal Wall Street investment institutions, these gamblers, of sorts, don't attempt to disguise the game: they are proud to call Wall Street a casino. Jaime Rogozinski combs through various elements of how reckless investors play Wall Street similar to a casino. He illustrates these often in playful ways, using entertaining and compelling real-world anecdotes. His stories are taken straight from Reddit's r/ wallstreetbets community which Jaime founded in 2012, and currently has more than 800,000 followers in addition to 3 million unique visitors a month. WallStreetBets is a forum based gathering where people are notoriously known for taking a brazen and public approach at gambling with the stock market. 650 0 Speculation. 650 0 Stock exchanges. 710 2 Reddit (Firm)
|