So when he posted back in June, his GME holding was $121k. According to his YouTube video from then, that represented ~2% of his portfolio. That puts his portfolio at ~$6M.
Hedge funds only represent 5%< of the global financial markets. Everyone knows whales are playing on both sides, WSB attempting to profit on one end.
However, that 5%< of finance is just objectively morally bankrupt compared to the rest - because its exclusive, delivers no value to society, yet bears a significant influence to everyone else.
So sure, it's not really "poor vs wealthy" it's more "good vs evil".
However, that 5%< of finance is just objectively morally bankrupt compared to the rest - because its exclusive, delivers no value to society, yet bears a significant influence to everyone else.
So sure, it's not really "poor vs wealthy" it's more "good vs evil".