Wallstreetbets has also become known for its somewhat immature threads laced with profanity and controversial references, as you might expect from a gathering of younger users conversing about competitive topics like tendies (more on what that means momentarily). The memes and discussion threads on Wallstreetbets frequently inspire highly speculative options trading, much of it leveraged (meaning, with borrowed money-and since many of its members are in their early twenties or thirties, that borrowed money might be, for example, student loans). Many of its members have been described as young retail investors who are not averse to risk, and who may view day trading as an opportunity to improve their financial situation. Put the two together, and you’ve got Wallstreetbets r/wallstreetbets advertises itself as a place to facilitate tongue-in-cheek discussion of the stock market. #Apes strong together meme softwareAnd as for a Bloomberg Terminal, that’s a piece of financial reporting hardware and software that allows a financial advisor to take a real-time look at the market. Wallstreetbets describes itself as “Like 4chan found a Bloomberg terminal.” For those not in the know, 4chan is an anonymous message board that is frequently the site of humorous imagery (memes, specifically) that has facilitated its own comic and sometimes controversial reputation. However, r/wallstreetbets is nothing like the opinion column of the Wall Street Journal or a roundtable discussion between financial pundits on FoxBusiness. The subreddit Wallstreetbets, also known as WSB and r/wallstreetbets, is a space where stock market investors can talk about (what else) the stock market. Reddit WallStreetBets Slang:Īs you may or may not know, Reddit’s forum is broken into various subreddits, each one dedicated to a particular topic of discussion. Wallstreetbets is an eight million strong forum where members can talk about investing in the stock market. Reddit is a social media platform where members can engage in discussion threads about various topics.
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