Political Sense
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Political Sense

The True Dangers of GameStop (GME) and Robinhood — Market Mad House

The GameStop (GME) and Robinhood frenzy in January proves Benjamin Graham was right about the markets and human nature. Graham, the legendary value investment guru known as Warren Buffett’s teacher, famously said, “Mr. Market is insane.”

The GameStop lunacy proves that Graham was both a superb judge of human nature and a prophet. Mr. Market is not only insane, new technologies are making him crazier.

In 2021, Mr. Market paid $17.25 for GameStop Corp (NYSE: GME) on 4 January and $347.51 on…

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Daniel G. Jennings

Daniel G. Jennings

Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.