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"The saga of GameStop and other meme stocks is revealed with the skill of a thrilling whodunit. Jakab writes with an anti-Midas touch. If he touched gold, he would bring it to life." --Burton G. Malkiel, author of A Random Walk Down Wall Street
 
From Wall Street Journal columnist Spencer Jakab, the real story of the GameStop squeeze—and the surprising winners of a rigged game.

During one crazy week in January 2021, a motley crew of retail traders on Reddit’s r/wallstreetbets forum had seemingly done the

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Book ID Asin: B09DP5L6QG
Book Title: The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors
Book Author: Spencer Jakab
Book Format and Price:
Book Format Name: Kindle
Book Format Price: $6.99
Book Format Name: Audiobook
Book Format Price: $0.00
Book Format Name: Hardcover
Book Format Price: $16.99
Book Format Name: Paperback
Book Format Price: $28.34
Book Price: unknown
Book Category: Kindle Store, Kindle eBooks, Business & Money and unknown
Book Rating: 82 ratings

The Revolution That Wasn't: GameStop, Reddit, and the Fleecing of Small Investors by Spencer Jakab Book Review

Name: Fred Forbes
Rating: 4.0 out of 5 stars
Title: Who's the patsy?
Date: Reviewed in the United States on March 20, 2022
Review: You know the old saying that if you don't know who the patsy is at the poker table, it's you!? Well, the financial services industry often works the same way and for those who swallowed the idea that a group of reddit commentators using meme "stonks" brought professional Wall Street to it's knees will probably find this book enlightening. Spencer Jakab, the Wall St. Journal columnist is known for his clear, erudite explanation of things financial and he carries that style into this book.

So, how did the pros make money even as short sellers went down in flames? How did the current world of commission free trading come about if there is no free lunch? Ever heard of "payment for order flow", said orders permitting some large order matching firms to make fortunes slicing off a piece of the stock's bid-ask spread? Fortunately, Spencer explains it better than I can.

Not in 40+years in the financial services business have I seen anyone pick, choose and trade individual stocks beat the index funds. A few money managers, yes, but it is a rare skill and even if they have it, the costs often change the outcome significantly. This book helps explain why so if you have an interest, you will probably find it well worth the read.

Name: John Hart
Rating: 5.0 out of 5 stars
Title: This is a great book!
Date: Reviewed in the United States on June 29, 2022
Review: If you are looking for a clear understanding of the meme craze and some background on how it happened, this is a great book. Spencer Jakab is effective at bringing clarity to a complex issue while highlighting many of the personalities and drivers. I appreciated his ability to flex between the high level and the details easily without losing the reader. Definitely worth a read.

Name: George Perchman
Rating: 4.0 out of 5 stars
Title: It reads like a thriller.
Date: Reviewed in the United States on May 10, 2022
Review: Took you inside what was going on.

Name: D
Rating: 2.0 out of 5 stars
Title: A surface level retelling of the GameStop phenomenon.
Date: Reviewed in the United States on August 1, 2022
Review: I bought this book after hearing the author on the Bloomberg Masters in Business podcast and came into it with high hopes. Unfortunately it was wasted enthusiasm as the book is not much more than a collection of headline stories intertwined with interviews from one of the former moderators of the Wall Street Bets subreddit. If you lived under a rock for the entirety of the GameStop saga then this book was most likely written for you as it never seems to go any deeper than a surface level retelling of the GameStop phenomenon.

Name: Monique C
Rating: 5.0 out of 5 stars
Title: Informative and a fun read
Date: Reviewed in the United States on February 14, 2022
Review: I gained an understanding of the draw of online investing platforms geared toward the novice investor- like my teenage sons. I learned and laughed a lot. Spencer has a way with words and tells a captivating tale. I also appreciate that he uses a lot of diverse sources- I loved seeing many female economists and social scientists quoted. A great book to stretch your book club beyond fiction.

Name: Brub42
Rating: 5.0 out of 5 stars
Title: Digital activism meets Wall Street and the little guy wins....well not really!
Date: Reviewed in the United States on February 6, 2022
Review: Loved the book, Spencer did a great job of explaining the new form of digital activism (Reddit) along with the de-frictioning of derivative trading (Robinhood) at the expense of short sellers and Wall Street. Story was well written, research excellent and depth's of market knowledge was evident. I unconditionally recommend this book if you want your eye's opened.

Name: Brian M Adler
Rating: 5.0 out of 5 stars
Title: the Mass psychosis in today's markets needs to be understood
Date: Reviewed in the United States on February 23, 2022
Review: Spencer holds your hand in a brief overview of how the giant meme craze in stocks has infiltrated even the most novice investory. His great and vast understanding of how free markets work is invaluable and a great tool as we move further into the 21st century.

Name: Kindle Customer
Rating: 1.0 out of 5 stars
Title: Regret buying this, disjointed and repetive, not very informative nor entertaining
Date: Reviewed in the United States on February 22, 2022
Review: Just like my title says, I see no point in this book. Very disappointing considering it had so many players and moving parts that one could write about.