Planet Stock: The Leader in Geospatial Intelligence

Perhaps you’ve heard the old story about how JFK’s father, Joe Kennedy, decided to get out of the stock market when the shoeshine boy started giving him stock tips. It seems like every market crash has been preceded by a period of mania where investors have been replaced by speculators who will buy just about anything. Pundits encourage this behavior which makes people believe that speculation is the norm. Look no further than this gem from Yahoo Finance:

The way you manage risk in meme stocks is by not dabbling in that garbage. It’s nothing but pure speculation. People talk nonstop about evil billionaires, yet they can’t get in line fast enough to hand hedge fund managers their life savings.

Along with meme stocks, ICOs, and NFTs, special purpose acquisition companies (SPACs) are another way retail investors are being fleeced. We’ve now looked at over 50 SPACs, all of which can be found in