My grandmother taught home economics for her whole career including personal finance and I assure you she doesn’t know what a short squeeze is. My grandfather probably didn’t pay a bill or make a budget his entire life, but his heirs are still getting payouts from his benefits.
For that matter most of the tech workers I’ve worked with don’t understand how many of their benefits work either (e.g rsu, HSA, backdoor Roth’s, etc). How many startups out there are pitching options as major components of their compensation without even giving their employees the information needed to price them?
I think there is a ton of good about moving away from patriarchal relationships between employee benefits and employment, but it’s not at all surprising that it’s had the repercussion that people unprepared for it have been dumped in the deep end. And that it’s deeper than ever and they are drowning.
Sure, plenty of people do. But those arent the ones making daily /r/Superstonk posts with their crazy-board yarn lines connecting some CNBC article they found from 3 years ago to a cryptic new tweet from an anonymous "insider" about the impending squeeze. A ton of people who knew absolutely nothing about investing lost everything over this, and it's sad to see it play out.