CNBC Doxxed DeepFuckingValue
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Nothing untoward happened here. Flagging this article for an inflammatory, inaccurate headline.
This assumes billionaires are some sort of cohesive group that's collectively hurting from the GME frenzy, when really there's plenty of billionaires that are making money off this. Citadel just got a bunch of ownership in Melvin for cheap for instance, and MUST asset management unloaded a bunch of stocks for a tidy profit.
The mainstream narrative so far is still in flux - and that includes the WSJ piece linked elsewhere in this thread; it's humanizing, sure, but it's also carefully designed to leave open the possibility of demonization.
It'll be interesting to see where the narrative goes on Monday.
Specific to this incident, this person bought shares back in 2019 and boasted about it. There's no reason to peel back their privacy for an event that occurred well over a year later.
It's nowhere near as clear-cut here though, so once again I'm wondering where the lines should lay.
On the other hand, Scott Alexander wrote about basically the same thing at length and I think it is a more interesting discussion than I could probably come up with. I’d recommend it if you are interested in broadening your view and aren’t familiar with it.