Some are born with an inherent gift for numbers; they have an amazing ability to quickly grasp and analyze all matters mathematical. And then there’s me.
Math has never been my strong suit. Suit? Hell, it’s not even a pair of pants or a vest for me. I was born a wordsmith. My mind works pragmatically. I solve problems and frame and define arguments. That’s why I get dizzy when I think about what went on with GameStop and the stock market this week.
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Here’s the plan. You buy a stock hoping it will go down; and then, once it does, you pay for it with money you don’t have and make a profit…or something like that? Makes no sense to me.
Along those same lines I’ve watched the movie Trading Places numerous times and have yet figured out exactly what’s happening on the commodities trading floor. I keep watching it though, hoping someday to sort it all out. Until then I’ll have to appreciate and re-appreciate Jamie Lee Curtis’ show-stealing scenes and that loving and lovable gorilla on the train.
If you’re a little confused or puzzled by what happened with GameStop stock and the market this week, I’d strongly suggest you listen to the interview we had this morning with Mark Rosa, President and CEO of Jefferson Financial Federal Credit Union. He explained it in a way that even I was able to understand. I hope you will too.