GameStop traders outsmart the smart guys, leaving an indelible mark on Wall Street CNBC 1/29/2021 Patti Domm
The battle between retail traders and big investors has empowered a large group of investors to find market inefficiencies and force hedge funds and others to reassess their strategies and exposure.
GameStop was the poster child for an assault on heavily shorted stocks by small investors, giving the stock a wild ride.
Online brokers were criticized for barring some trading in the most active short names, drawing the interest of lawmakers who are now expected to use it as an opportunity to look more broadly at Wall Street.
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life. reporter: frank brian, political science professor, vermont native, practitioner of hard scrabble life in the country and co-author of a tongue in cheek book called real vermonters don t milk goats nor do they drive volvos and would never be seen with this on their bumper. so what do real vermonters do? they want to do what they damn well please and they ll let you do what you damn well please as long as you don t interfere with them. reporter: this is the town most people assume is quintessential vermont. let s assume it looks the way that it always did and the people think like they always did. but here as in elsewhere, videos in the college store, cafes in former cornfields, factory outlets in farm towns. more than half the new immigrants live in burlington, vermont s largest city. most adapted but some didn t, wanted vermont to adapt to them. that worries bernie sanders who came here from brooklyn and has been mayor for six years.
political science professor, vermont native, practitioner of hard scrabble life in the country and co-author of a tongue in cheek book called real vermonters don t milk goats nor do they drive volvos and would never be seen with this on their bumper. so what do real vermonters do? they want to do what they damn well please and they ll let you do what you damn well please as long as you don t interfere with them. reporter: this is the town most people assume is quintessential vermont. let s assume it looks the way that it always did and the people think like they always did. but here as in elsewhere, videos in the college store, cafes in former cornfields, factory outlets in farm towns. more than half the new immigrants live in burlington, vermont s largest city. most adapted but some didn t, wanted vermont to adapt to them. that worries bernie sanders who came here from brooklyn and has been mayor for six years. people come up and know so