Degenerate Business School

Bezos Half Retires


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The S&P bounces back, all but proving Gamestop mania was a story far in excess of its actual implications for the broader markets. 

But to put a postscript on the Wall Street Bets frenzy, if you had diamond hands on a GME call option, you are now bag-holding. See...we can learn. And for good measure, Robert and James took a flier on silver which had a moment in the sun.

Another thing we discovered in the wake of all this, Cathy Wood of the meteoric ARK fund is a cult figure on reddit. Which means our bullishness on ARK ETFs is all but assured as millennial degenerates try to replicate the innovation portfolio. 

In other news, Jeffrey Bezos steps aside as CEO of Amazon while retaining Chairmanship. What's next for him? Working on rockets and news. Nice. Will anything really change for the everything store he created.

Also, Kia proposes a partnership with Apple to build knockoff Teslas in Georgia. Really? 

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Degenerate Business SchoolBy Degenerate Business School

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