Scott Duke Kominers, Columnist

Kominers’s Conundrums: A Game That You Can’t Stop

A new source of trading ideas comes in mysterious code. Can you turn it into financial gold?

January 31, 2021 at 1:00 PM UTC

Scott Duke Kominers is the MBA Class of 1960 Associate Professor of Business Administration at Harvard Business School and a faculty affiliate of the Harvard University department of economics.

The path to the next rally is missing a puzzle piece or two.
Photographer: iStockphoto/Getty Images

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This week, “stonks” broke the market (and the internet), as retail traders egged on by Reddit memes drove GameStop, AMC Theaters and other public companies to stratospheric levels. And Conundrums has received an anonymous tip about the newest force in the revolution: A secretive forum where everyone’s so excited about trading that they only talk in ticker symbols.

A senior Conundrums analyst and I have been able to unearth some of these cryptic communications. Can you decode them and figure out what they’re suggesting as the next big investment opportunities?