A few weeks ago, I was on The Compound and Friends, and there was a debate about why we were seeing 2021-like meme stock activity and money market funds holding record assets at the same time. For context, both of these things are true. If we look at the performance of the 100 most shorted stocks compared to the Russell 1000, that performance spread is nearing 2021 levels: It’s like a bunch of mini GameStop short squeezes all over again. And if we look at the non-profitable tech retail investor ...