<story><title>AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains</title><url>https://www.bloomberg.com/news/articles/2021-02-02/mudrick-capital-gains-200-million-on-amc-gamestop-in-wild-week</url></story><parent_chain></parent_chain><comment><author>dougmwne</author><text>Watching HN get caught up in this Gamestop bubble over the past week has been eye-opening to me about the community. The kind of information being spread around WSB was fully ridiculous. Wild conspiracy theories, financial advice with no basis in reality, astroturfing, and mob behavior. There has been an incredible amount of bleed-over between the garbage I&amp;#x27;ve seen posted on WSB and the things posted in these HN threads and far too much reverence for a cesspool.&lt;p&gt;I think HN likes to believe it is evidence based and rational instead of emotional and greedy. A more enlightened and civilized corner of the internet. I have not been seeing much of that lately. It turns out the promise of riches is enough to make any community lose it&amp;#x27;s collective mind.&lt;p&gt;Here is a truism for you all: In any casino the players may win or lose, but the house always wins. If you think any bet is a guaranteed win, you have lost your rationality.</text></comment>
<story><title>AMC, GameStop Give Hedge Fund Mudrick Capital $200M in Gains</title><url>https://www.bloomberg.com/news/articles/2021-02-02/mudrick-capital-gains-200-million-on-amc-gamestop-in-wild-week</url></story><parent_chain></parent_chain><comment><author>Gunax</author><text>To the surprise of no one--the established, well-prepared and well-funded players out-compete Joe and Jane retailer investor.&lt;p&gt;Everyone loves the David defeating Goliath at his own game narrative. I only worry that we are going to forget all of the times that David gets slain.</text></comment>