Matt Cerminaro
👤 SpeakerAppearances Over Time
Podcast Appearances
So on the left, you have the Russell 3000 stock performance during the 2021 meme stock mania.
And on the right, you have the Russell 3000 stock performance this year.
And so I've bucketed the performance in both periods into 20 groups.
That's along the X axis.
Yeah, they're ventiles.
I pledge to never say that word in my life, but there it is.
Okay, so in 2021, you'll notice that it was the smallest companies
And those are like the mini bubbles on the left.
Those are the smallest companies that have the highest returns.
That's GameStop, AMC, the meme stocks.
And in 2026, it's the largest companies that have generated the returns.
It's like Micron, AMD, Western Dig is in there and the 20th Ventile.
Thank you, Sean.
And so it's two different markets.
And so people are trying to conflate 2026 to 2021.
It's just two different things.
Who gives a shit?
Just bid them up.