Jan 29, 2021 · Episode 173

The GameStop, Reddit, Robinhood saga

2 predictions · 1–1 · 50% accuracy

Scott's predictions2

The SEC and FINRA will issue new regulations or guidelines in response to the GameStop/Robinhood trading saga, and these rules will primarily affect established financial industry players rather than the new retail trading platforms or traders.
“We're going see the SEC and FINRA weigh in here, but they'll weigh in on both sides and there'll be some sort of regulation or some sort of new guide rules, but it'll impact the existing players recognizing the new guys aren't doing anything different.”
Markets · Judgment call · by Jan 29, 2022 (inferred)
Didn’t happenResolved Jan 26, 2022
A new platform will emerge that lets ordinary people micro-invest small amounts (e.g., $5, $10, $100) directly in individual creators/influencers, similar to how Roblox and TikTok let creators bypass traditional gatekeepers like Activision/Blizzard or talent agencies.
“We're going to see some sort of platform create the opportunity to micro invest in influencers. And there's some very talented people doing fundamental analysis and also quite frankly, figuring out tools of influence and persuasion to create alpha and generate returns in the market. And somebody, some very smart entrepreneur is going to figure out a platform that lets you take five, 10, a 100 and disperse it to a group of individuals, kind of what I'll call creators or investors”
Tech · Judgment call · by Jan 29, 2022 (inferred)
Came trueResolved Mar 2021