The Dark Side of Hedge Funds No One Is Talking About

2021’s financial markets saw an explosive start to the year. From January to May, retail investors, many housed in Reddit’s now famed Wall Street Bets community, with too much time and money on their hands decided to dive head first into the stock market. The main vehicle these traders used was shares of GameStop, the much maligned and often beleaguered stock representing a company with a tired business model. Investors discovered a fundamental weakness: there were more shares shorted than actually existed. Retail investors pounced with call options and mass share…