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Has the market gone mad? Last week a mob of faceless internet warriors pushed an obscure video game retailer into the living room of mainstream America. Along the way they took down a variety of multi-billion-dollar hedge funds and seemed to turn the edifice of Wall Street firmly on its head. Trading was frenzied, emotions were high, and fortunes were made and lost.
Madness is what the market does best. It amplifies our emotions, excites our lizard brains, and trigg