On: Never Hertz to Ask

[reitzensteinm]

For those not aware of WSB history, Martin Shkreli was an early member and moderator, and at one point actually tried to reign the YOLO in.

https://www.reddit.com/r/wallstreetbets/comments/4ox508/yolo...

[IAmGraydon → reitzensteinm]

I read WSB daily for the laughs, but that place is very dangerous for traders as the group think over there is usually very intense and also very wrong. It will warp your view of the market, so you have to approach it as a place for memes and humor only. If I have a trade idea, I usually like to make sure that it's something that most of WSB would disagree with, and those trades almost always work out.

BTW, I had no idea Shkreli was a member. That's really hilarious, and really fitting. I wonder how much of his money he made on options (if any at all).

[reitzensteinm → IAmGraydon]

I love it, but if I actively traded I'd have to stop. It would definitely warp your objectivity. Same with Tesla bull/bear drama.

[jdsully → reitzensteinm]

WSB was around long before Shkreli was widely known let alone became a mod. Of course he was a perfect fit when he did arrive.

[082349872349872 → reitzensteinm]

Sturgeon's Law at work? (skimming further in the thread, I must admit that subreddits subhead is accurate)

Going from writing reasoned, informative posts to disrespecting the Wu-Tang Clan must be a pretty tragic arc.

[throwaway6734 → 082349872349872]

The subreddit is mostly silly goons looking to lose their money, but there is genuine quality in there

[rhaps0dy → reitzensteinm]

> Martin Shkreli was an early member and moderator > u/martinshkreli

Surely this is not the actual Shkreli, but rather an impersonator?

[martinko → rhaps0dy]

It was the actual Shkreli, back in the days when he was still streaming. Also, he wasn't a very 'early' moderator of WSB, it had been around and popular for a while by the time he showed up.

[read_if_gay_ → rhaps0dy]

Shkreli is a complete memelord. Absolutely him.

[chiph → rhaps0dy]

The account is apparently being run by a friend while he is "unavailable"