Trading is no longer an investment, but rather a form of social behavior.



When Gen Z dopamine addicts take over the market, traditional value investing means nothing to a $10 trader. This group of young people, completely out of control in life, frantically seeks validation on the order book.

The most sensitive institutions begin to take on media responsibilities, the most innovative exchanges turn into fashion magazines, and the most daring traders become new superstars.

The behavioral economics profile of marginal buyers is undergoing a dramatic change.
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