So my son asked what was happening with game stop...two hours later...and a full intro to finance...I think we did it lol

My son asked a bunch of great questions but then one that made me laugh was :

“Is the value of a stock based on anything other than the supply and demand of buyers and sellers?”

Ah ha!

He asked me a basic question that showed me he didn’t know the big glorious picture.

It was important to me to help him understand the real thing going on - the 99% vs the 1% https://twitter.com/fantasyscouter/status/1355002834274672646

Having to stop and explain what gamermate was did make it longer.

I did end it with “techno corporate fascism” so it was all worth it.

He understood the how and why of the short squeeze but had more questions about why the system worked as it did.

I think we are all asking ourselves the same questions today.

Why do we endure this?

https://twitter.com/jackmurphylive/status/1354454817410871296

Funny thing that made me feel old :

I had to stop and explain what blockbuster was when I was describing why people thought GameStop might go down in value (on fundamentals).

And then what beta was.

The white board is in our dining room. That’s where I wrote my book before I had an office at home. I put up the white board to brainstorm and plan.

Afterwards, we never took it down and now we use it every day for schedules, plans, fun, and the ocasional spontaneous lecture.