Peter Kafka

Peter Kafka @pkafka

@japan_value I'm sure there are some people who were trying to pump AMCX knowing what they were doing but all the reddit/discord/tiktok chatter is about AMC. — PolitiTweet.org

Peter Kafka @pkafka

“Both are what philoso­phers call “closed epis­temic sys­tems,” world­views that are un­af­fected by in­for­ma­tion that con­tra­dicts them. It’s con­fir­ma­tion bias on steroids. It’s also the logic of a cult, achieved with some of the same psy­cho­log­i­cal tricks.” — PolitiTweet.org

Peter Kafka @pkafka

Not Robinhood's first visit to the goat rodeo. Two years ago, they announced that they were a bank but forgot to ask anyone if they could just become a bank, which it turns out you can't do. (see very funny "update" at bottom of this press release https://t.co/zeJqF8HG1K) — PolitiTweet.org

Peter Kafka @pkafka

@qhardy Some of our colleagues are doing their best to get us to opine on vax efficiency rates but I worry that it's not gonna work — PolitiTweet.org

Peter Kafka @pkafka

"Much of the rhetoric, so far, is ideologically inconsistent — slamming hedge funds for "casino capitalism" while celebrating Reddit users who sat at the same tables (albeit with less money per player)." @danprimack https://t.co/eys2dPSxXs — PolitiTweet.org

Peter Kafka @pkafka

RT @jyarow: Famed GameStop bull 'Roaring Kitty' is a Massachusetts financial advisor https://t.co/3O2BkO0Skb — PolitiTweet.org

Peter Kafka @pkafka

@fmanjoo Time for the circuit city rally — PolitiTweet.org

Peter Kafka @pkafka

RT @kevinroose: I don't have a value judgment about short-selling, but it's interesting that some of the tech guys who want to make it ille… — PolitiTweet.org

Peter Kafka @pkafka

At least we can move on from the "What will the media do without Trump?" question. — PolitiTweet.org

Peter Kafka @pkafka

@danprimack blockchain CNBC, problem solved — PolitiTweet.org

Peter Kafka @pkafka

@DKThomp You forgot the tort lawyers. But yeah. — PolitiTweet.org

Peter Kafka @pkafka

@JamesSurowiecki But can *also* be a bunch of big guys, no? Especially at this point. — PolitiTweet.org

Peter Kafka @pkafka

"Everyone on Reddit buying the stock right now is hoping to get out before it collapses, so if your plan is to sell it to them, and their plan is to sell it to you, somebody is in trouble." @matt_levine, of course. https://t.co/myGooK0qZL — PolitiTweet.org

Peter Kafka @pkafka

PS if you are substacking or thinking about doing so - in our chat Jessica sorta/kinda offered to let journalists use the subscription/publishing tools she has built for free, vs Substack's 10%. So... — PolitiTweet.org

Peter Kafka @pkafka

@defcon_5 I mean, Apple used to do it to Google, during Jobs time, with similar theme. But no response. — PolitiTweet.org

Peter Kafka @pkafka

some highlights https://t.co/Q2u5kBvDUe — PolitiTweet.org

Peter Kafka @pkafka

Tim Cook is laying into Facebook here, using very charged language (standard for Twitter but v rare for public CEOs) https://t.co/9gJayeu7dE — PolitiTweet.org

Peter Kafka @pkafka

Discussed: Life beyond subs; tech v media/tech likes media; expansion plans; Substack (ding!). With shoutouts for @ProfEmilyOster; @CaseyNewton; @EricNewcomer + @Kantrowitz — PolitiTweet.org

Peter Kafka @pkafka

I talked to @Jessicalessin about building and running @theinformation over the last 7 years and much more. She’s a great journalist, operator and interview. https://t.co/Tjb6keg5c2 — PolitiTweet.org

Peter Kafka @pkafka

ESPN wants to sell the X games, per @cityofthetown and @jtoonkel https://t.co/V1LfTrpmS2 (X games aren't publicly traded so nostalgic Redditors can't get in on it tho) — PolitiTweet.org

Peter Kafka @pkafka

@ShiraOvide But they are spending a lot of time swinging at each other. Tim Cook's turn at 1115 et. — PolitiTweet.org

Peter Kafka @pkafka

@JuddLegum @menelmacar18 Sure but there's no reason to think they have *any* exposure if Plotkin is out. They used the $ to buy a distressed asset, not to bet against Redditors. — PolitiTweet.org

Peter Kafka @pkafka

Reminder: Robinhood, which was planning on a $20b+ IPO, gives away its core service for free. It makes money by selling its users’ data to... giant Wall Street funds. — PolitiTweet.org

Peter Kafka @pkafka

RT @MattGarrahan: For those saying that the Redditors are democratising finance: thanks to them, Silver Lake, one AMC's creditors, just mad… — PolitiTweet.org

Peter Kafka @pkafka

@menelmacar18 Citadel makes money from every single Robinhood bet. — PolitiTweet.org

Peter Kafka @pkafka

PS @chamath getting out of his GameStop bet a day after making it and publicly announcing that he’s donating the bet and all profits to Barstool’s covid relief fund is v smart — PolitiTweet.org

Peter Kafka @pkafka

Two theories which aren’t mutually exclusive: *Robinhood is worried about its customers. *Robinhood is worried about its customers inevitable class action suits. — PolitiTweet.org

Peter Kafka @pkafka

Something extraordinary has to happen for the casino to stop taking bets. — PolitiTweet.org

Peter Kafka @pkafka

Hey Peter, where’s your GameStop take? Right here, in audio form, talking to @teddyschleifer. You can have it right now for the low low price of zero dollars. https://t.co/GqIQzdgxAE — PolitiTweet.org

Peter Kafka @pkafka

The guy who created the WallStreetBets Reddit board that blew up GameStop says he was kicked off WallStreetBets last year. https://t.co/iqohTn2tDw https://t.co/YogErLBZmz — PolitiTweet.org