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A bar — inspired by Reddit community WallStreetBets — has opened its doors in Tokyo and emerged as a place for investors to talk about stocks, Bloomberg reported Wednesday.
What Happened: The tavern — dubbed Stock Pickers — reportedly came into being in March after a successful crowdfunding endeavor raised more than $50,000.
The establishment is the idea of Satoshi Uehara, a pseudonym used by a popular investing influencer on Twitter.
Young investors are flocking up to meet Uehara but experienced traders are also turning up to offer advice to rookie traders, said Riki Yamauchi, the bar’s public relations manager.
Beverages at the bar include “Margin Call”, “Lehman Shock” and “Abenomics.”