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Mike 03

(18,690 posts)
2. Same here.
Fri Jan 29, 2021, 04:01 PM
Jan 2021

I can't stand activist investors like Bill Ackman who shorts a company like Herbalife and spends the next five years trying to destroy the company. I don't care if those guys are ruined.

But the "Russell 2000" weighted funds and ETFs are in a lot of pension funds and 401Ks. Those passive investors, who are mostly ordinary people, mostly retirees, woke up two days ago owning a shitload of unstable GameStop stock...

What if the Reddit crowd figures out how to ruin regular long investors?

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