Nov. 1, 2021

Beyond the Meme Stocks with Stephen Sikes (COO of Public)

Beyond the Meme Stocks with Stephen Sikes (COO of Public)

Today conversation with Stephen Sikes (COO of Public) is about how millions of Americans are entering the stock market for the first time with mindsets and behaviors unlike any generation that has come before. New investors, particularly those who have started recently via a mobile app, believe they're part of a movement that's making investing more inclusive and accessible.

Public exists to help these people get started investing and become better, more thoughtful investors too. In that vein, we talked about how to build community through investing, how to build financial literacy especially in regard to meme stocks, and the benefits of fractionalization.

Stephen labels the stock market as the greatest wealth creation engine ever known to humanity, but we also examine that statement through the lens of crypto markets over the last decade. Stephen's built much of his own success through good timing - he started investing when the market was at a low point during the financial crisis in '07-08. We draw parallels between that opportune moment and the one that many others found themselves in last year during the height of lockdown.

One huge difference between those two moments? The number of folks who are empowered to invest has skyrocketed. The implications of that and more ahead in today's episode.


Today conversation with Stephen Sikes (COO of Public) is about how millions of Americans are entering the stock market for the first time with mindsets and behaviors unlike any generation that has come before. New investors, particularly those who have started recently via a mobile app, believe they're part of a movement that's making investing more inclusive and accessible.

Public exists to help these people get started investing and become better, more thoughtful investors too. In that vein, we talked about how to build community through investing, how to build financial literacy especially in regard to meme stocks, and the benefits of fractionalization.

Stephen labels the stock market as the greatest wealth creation engine ever known to humanity, but we also examine that statement through the lens of crypto markets over the last decade. Stephen's built much of his own success through good timing - he started investing when the market was at a low point during the financial crisis in '07-08. We draw parallels between that opportune moment and the one that many others found themselves in last year during the height of lockdown.

One huge difference between those two moments? The number of folks who are empowered to invest has skyrocketed. The implications of that and more ahead in today's episode.

For full show notes, links, RSVPs to live podcast recordings and more, visit thedeepend.substack.com