Wall Street Journal columnist Spencer Jakab tells the dizzying story of how, in January 2021, a motley crew of retail traders on Reddit's r/wallstreetbets forum seemingly achieved the impossible - bringing some of the biggest, richest players in finance to their knees.
And yet, as this book shows, the GameStop short squeeze, which made headlines around the world, ultimately exposed a powerful truth: what appeared to be a watershed moment - a revolution that stripped the ultra-powerful hedge funds of their market influence - only increased the chances of the house winning.
The Revolution That Wasn't is a gripping account of how a group of small-time investors took on the might of Wall Street, and nearly won.
- Publisher: Penguin Business
- ISBN: 9780241572566
- Format: Paperback
199 mm x 130 mm