flâneur

What I Read This Week…

chamath.substack.com · 381 words · saved by 1 readers

GameStop stock triples after meme is posted on X, groundbreaking clinical trial leads to restored hearing in five deaf children, and elite universities have become bastions of progressive ideology.

Watch All-In E182 Read our Creator Economy Deep Dive Caught My Eye… After a three-year hiatus since the 2021 GameStop short squeeze, Keith Gill, also known as RoaringKitty, posted a meme on X that caused GameStop’s stock to triple. This has sparked debate over whether Keith’s actions constitute market manipulation under SEC rules. Is it market manipulation? Despite his actions having a significant impact on the stock price, current SEC rules do not address the outsized role that social media influencers play in driving stock purchases, especially when there is no clear deception involved.…

related reading