This podcast episode explores the rise of meme stocks and the increase in amateur stock trading among young people. Platforms like Robinhood have made trading more accessible and entertaining, attracting teenagers as young as 13. Day trading has become like the new reality television, with meme stocks acting as a captivating gateway drug. The combination of entertainment, community, and potential financial gains has led to the persistence of amateur stock trading, with young investors shifting towards less speculative trading and showing interest in reputable companies. These amateur investors also have the potential to disrupt traditional trading hours and have an influence on the political realm, reshaping the dynamics of the markets.
