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Why Every Stock is a “Meme” Stock

Since its inception, the stock market has always been a game of chasing what other people have

The stock market isn’t irrational, it’s mimetic.

What we now see clearly happening in a few special assets (termed “meme” stocks) — movement fueling more movement — is merely an amplification of what has always happened in…

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Luke Burgis

Luke Burgis

Author of “WANTING: The Power of Mimetic Desire in Everyday Life.” Find more at read.lukeburgis.com

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