So basically the premise is we have a bunch of young people who are day trading on things like Robinhood who are doing well right now, taking higher and higher risks, and that eventually they will lose their shirt, right?
Why does this sound familiar.. Oh, that’s right. It’s like the DotCom era….Except this time it’s a brand new generation of speculators…
Well, there was that article about the 20something year old that dug himself into a $700k margin debt hole and unfortunately killed himself.