💎🤲🚀 🚀 🚀 Strap in, we're going to the moon! Today we're talking with Professor Avanidhar "Subra" Subrahmanyam, Distinguished Professor of Finance here at UCLA Anderson and expert in stock market activity and behavioral finance, about the recent GME short squeeze. We get his perspective on what makes this event so historic, how to make sure you're getting sound financial advice, and what policies the SEC and Robinhood can consider to make sure the market stays free and fair. And if you love the episode and want to learn more, sign up for Professor Subra's Behavioral Finance elective in the spring!
"For the first time in history, the short squeeze was done by retail traders against institutions as opposed to institutions doing it to other institutions. It got a lot of us in finance just very excited because it was a momentous event, one for the history books. 100 years from now we'll be talking about Gamestop, just as we are talking about it now."
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