What did you do this week? I spent it drenched in sweat, launching a vicious assault on Wall Street hedge funds which cost them $5 billion (£3.7 billion). And I didn’t even have to put my trousers on.
Along with thousands of other degenerates, I bought shares in GameStop, a struggling US video game store whose value has soared by 2,000 per cent in the last four weeks. Behind the surge is a wild Reddit community called WallStreetBets, where bored young men gamble on barely researched stock tips and crack tasteless jokes.
The community, whose tagline is ‘like 4chan found a Bloomberg terminal’, has a long and hilarious history of aggressive stock market bets leading to eye-watering gains and losses. In 2019, for example, a clueless 19-year-old member made $700,000 (£510,000) and then lost it all again within two weeks.
I became the only moron to buy GameStop shares and lose money
But this GameStop episode is different.
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