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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: bull_dozer who wrote (191092)	8/23/2022 12:52:57 AM
From: bull_dozer	Read Replies (2) of 217740

How a 20-year-old student made $110mn riding the meme stock wave The FT report of Freeman’s windfall on Wednesday set off a media storm, with outlets the world over picking up the story as social media sites lit up with the news. But the tale of a university student hitting the meme stock jackpot also prompted widespread scepticism. On Twitter and Reddit, questions abounded, from whether Freeman really existed or was acting as a proxy for someone else to how a young, amateur investor could have made so much money on a highly concentrated bet in such a short space of time. Chief among the questions was how he had raised $27mn of capital in the first place through a vehicle registered in the cowboy town of Sheridan, Wyoming, a state that has become a magnet for people setting up limited liability companies because of its low taxes and strict privacy rules. ft.com

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