Why The GameStop Pump Shouldn’t Surprise You – roto.life
Original article published: January 28, 2021 The events of the past few days are the result of a system designed for the one’s who make the rules. Unless you live under a rock you’ve heard about it. In summary: Hedge funds had a record short position of 140% on GME (GameStop). One of the main institutions involved was Melvin Capital. Subreddit r/wallstreetbets found out about the short positions through public information. They decided to band together and buy up the stock forcing institution...
Why The GameStop Pump Shouldn’t Surprise You – roto.life
Original article published: January 28, 2021 The events of the past few days are the result of a system designed for the one’s who make the rules. Unless you live under a rock you’ve heard about it. In summary: Hedge funds had a record short position of 140% on GME (GameStop). One of the main institutions involved was Melvin Capital. Subreddit r/wallstreetbets found out about the short positions through public information. They decided to band together and buy up the stock forcing institution...
A Positive Sum Game – roto.life
Original article published: October 26, 2020“Rationality is risk management; nothing more.” – Nassim Nicholas TalebThe advertising model has created a hostile environment filled with touting to gain your attention and sell it. roto.life eliminates the middle man as the central authority providing credibility. It makes quality a requirement to popularity instead of an obstacle to it. With the momentum of sports betting and daily fantasy sports, the current social media platforms (Reddit and Tw...
A Positive Sum Game – roto.life
Original article published: October 26, 2020“Rationality is risk management; nothing more.” – Nassim Nicholas TalebThe advertising model has created a hostile environment filled with touting to gain your attention and sell it. roto.life eliminates the middle man as the central authority providing credibility. It makes quality a requirement to popularity instead of an obstacle to it. With the momentum of sports betting and daily fantasy sports, the current social media platforms (Reddit and Tw...
