Best of Bloomberg Intelligence (08/19/2022)

The video discusses meme stocks, highlighting their poor long-term investment potential. It explains the methodology used to identify meme stocks based on high attention relative to size, using factors like average volume and short interest to market cap. The analysis shows that meme stocks have underperformed significantly compared to the Russell 3000 index. The video also compares this methodology with the MEME ETF, noting similar results despite not using social media data.

What was the general sentiment expressed about investing in meme stocks for long-term wealth creation?

What are the two factors used to quantify meme stocks in the analysis?