Agreed well said!

Reddit co-founder says meme stocks' moniker 'charming' but says momentum investing nothing new

"Meme stocks, it is a charming name, but I think at the end of the day, momentum investing is nothing new," Reddit co-founder Alexis Ohanian told CNBC.Ohanian said technology will remain a force for retail investors whether it continues on the platform he helped create or another.Reddit co-founderAlexis Ohaniantold CNBC on Thursday that the meme stock frenzy — which traces its roots to the online forum website he helped create — is what happens when momentum investing is amplified by technology.
Reddit co-founder says meme stocks' moniker 'charming' but says momentum investing nothing new

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