Ben Mezrich

The Dumb Money (eBook, ePUB)

The GameStop Short Squeeze and the Ragtag Group of Amateur Traders That Brought Wall Street to Its Knees (Previously Published as The Antisocial Network)

• Format: ePub

Produktbeschreibung

THE ANTISOCIAL NETWORK is the wild, true story of the subreddit WallStreetBets, a loosely affiliated group of private investors and internet trolls who took down one of the biggest hedge funds on Wall Street, and in so doing, fired the first shot in a revolution that threatens to upend the financial establishment. Told with deep access, from multiple intersecting angles, it examines the culmination of a populist movement that began with the intersection of social media and the growth of simplified, democratizing financial portals -- represented by the biggest upstart in the business, RobinHood, and its millions of mostly millennial devotees.

The unlikely focus of the battle: GameStop, a flailing brick and mortar dinosaur catering to teenagers and outsiders, that had somehow outlived forbearers like Blockbuster Video and Petsmart as the world rapidly moved online. The story comes to a head in a wild battle between Melvin Capital, a 13-billion-dollar hedge fund, one of the most respected and staid funds on the Street, and a disparate group of amateur day traders, video game nuts, and internet trolls on a subreddit calling itself WallStreetBets. At first, the subreddit was a joke -- a meme-filled, freewheeling place to share shoot-the-moon investment tips, laugh about big losses, and diamond hand emojis. Until some members noticed an opportunity -- and rode a rocket ship to tens of millions of dollars in earnings overnight.

With insider sources and testimonies from inside WallStreetBets, GameStop, the architects of Robinhood, Melvin Capital, and more, New York Times bestselling author Ben Mezrich brings to life one of the most striking, can't-make-this-up moments in financial history.

---

Dieser Download kann aus rechtlichen Gründen nur mit Rechnungsadresse in A, B, BG, CZ, D, DK, EW, E, FIN, F, GR, HR, H, I, LT, L, LR, NL, PL, P, R, S, SLO, SK ausgeliefert werden.

Produktdetails

• Verlag: Grand Central Publishing
• Erscheinungstermin: 7. September 2021
• Englisch
• ISBN-13: 9781538707586
• Artikelnr.: 61648744

Autorenporträt

Ben Mezrich is the New York Times bestselling author of The Accidental Billionaires (adapted by Aaron Sorkin into the David Fincher film The Social Network) and Bringing Down the House (adapted into the #1 box office hit film 21), as well as many other bestselling books. His books have sold over six million copies worldwide. Mezrich's forthcoming novel, THE MIDNIGHT RIDE, will be published by GCP in early 2022.