Why Do We Love Social Investing?

Understanding business as sports is important to your wallet. If current trends persist, and retail investors (you, me, and everyone else on Robinhood and Public) continue to move the markets, then stock prices will be impacted more by fandom than fundamentals than they ever have before. You will need to understand both the strategy behind decision... See more

This may sound dystopian to some, the plotline of a Black Mirror episode. But social tokens are part of a broader and fundamentally positive phenomenon: everyone is becoming an investor. Over time, wealth has accumulated with a select few—the investing class—while the rest of America rents time as salaried and hourly workers. Only one in two Americ... See more

Public Robinhood - a wacky part of investing in crypto is it's public. So there could be a consumer experience built around that. It's like Robinhood for crypto where it's a consumer experience to buy/sell crypto. But it's also public and social and you compete against your friends and have a public profile. Maybe it starts with collectibles tradin... See more

Getting in at the ground floor is the biggest asymmetric opportunity in social capital, but it requires you to think like an investor. You will be rewarded for redistributing capital to where it can be deployed most effectively, not for blindly following the crowd. Glancing around and waiting for social proof that so-and-so is 'cool' is for cowards

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Yet investing is an inherently social exercise. As a result, prices can go from being a source of informationto a source of influence.  Great investors don’t get sucked into the vortex of influence. This requires the trait of not caring what others think of you, which is not natural for humans. Indeed, many successful investors have a skill th... See more

Although they’re often derided as irrational, or gamblers, or YOLO traders, retail traders might be behaving perfectly rationally when you price in everything else that they’re buying: an experience, a status symbol, a digital good, belonging, entertainment, education, and more.

We can imagine an entire ‘stock market’ for a city — not r/wallstreetbets but ‘Main Street Bets’ — asset prices reflecting the growth and success (or failure) of different communal projects and efforts. We can envision how such liquidity dynamics would dramatically reduce the ‘cost of capital’ for any local ‘social’ entrepreneur and venture, unlock... See more