It doesn’t feel like game theory to me as much as psychology at this point. During the endgame, I agree game theory will play a huge role in individual investors’ decisions to hold or sell. But now, it feels like a clear recognition that they are stronger together as long as they all hold, and what’s most interesting to me are the simple slogans and short repeatable talking points they use to do so (as well as the excellent analysis that has gotten them this far).
It doesn’t feel like game theory to me as much as psychology at this point. During the endgame, I agree game theory will play a huge role in individual investors’ decisions to hold or sell. But now, it feels like a clear recognition that they are stronger together as long as they all hold, and what’s most interesting to me are the simple slogans and short repeatable talking points they use to do so (as well as the excellent analysis that has gotten them this far).
“WE LIKE THE STOCK”
“IF HE’S STILL IN, I’M STILL IN”
“DIAMOND HANDS”
Why do they work so well? Because you only get five words.
It reminds me of an ancient army charging into battle, singing and chanting to maintain morale as long as possible during the struggle.
(Disclosure: I am long GME).