Featuring the character Meme Man standing in front of a picture representing the stock market followed by the caption "Stonks."

CKMS News – 2021-02-15 – Explaining Reddit’s WallStreetBets

Host: Ivan Angelovski

In January, a group of people, small stock market investors, members of a Reddit forum called WallStreetBets, got organized and decided to stick it to the man. That’s, at least, what this David Vs. Goliath narrative is. 

However, things are not so black and white. They are mostly grey, and that’s what we’re talking about today with David Cimon, assistant professor of finance at the Lazaridis School of Business and Economics at Wilfrid Laurier University. 

Hopefully, after this conversation, things will be much clearer. 

This program is a part of the “Local Journalism Initiative” grant program and is funded by the Community Radio Fund of Canada, the Government of Canada, and the CKMS Newsroom.

Check out the archived versions of  this program and other episodes on radiowaterloo.ca/news. You can  follow us on twitter @RadioWaterloo. And you can email news@radiowaterloo.ca to get in touch with comments or ideas about stories to cover.

The music was Blackroom by Moby, courtesy of mobygratis.com

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