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A comment on WallStreetBets vs WallStreet: It's not about the money anymore. Parent comment

Re:WallStreetBets vs WallStreet: It's not about the money an... by gizmondo on Thursday January 28, 2021 @10:32AM (#25943378)
No, advocates cite improved "price discovery". You know, the only rational reason why stock markets exist in the first place.
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Re:WallStreetBets vs WallStreet: It's not about the money an... by alisonkisk on Thursday January 28, 2021 @04:18PM (#25949366)
Markets also exist for capital allocation.
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Re:WallStreetBets vs WallStreet: It's not about the money an... by gizmondo on Thursday January 28, 2021 @05:28PM (#25950357)
Yes, and in order to have efficient capital allocation, you need price discovery.
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