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Bear in mind that an ELI5 constitutes an advanced level of understanding on r/wallstreetbets.

r/wallstreetbets is consistently one of the highest quality subreddits when it comes to pants-shittingly stupid decisions paying off for the group (in terms of comedy, not actual money or wise investments).

For strict entertainment value, I rank it higher than any other site on the net.

They're really everything great and terrible about the internet and investing. I love it.

I think part of what makes it so hilarious is the real-life effects. Other communities might have inside jokes but on WSB they're references to times people committed financially insane actions with real consequences. There's not only hilarity, but a morbid curiosity that makes me laugh and gasp at the same time.

But there are also the situations where some concave skulled moron manages to be so stupid, it actually costs a company like Robinhood and WSB comes out on top (see - 1R0NYMAN)

Well that would just be another one of the real-life consequences, good or bad, for either party involved.

I think 1RONYMAN is smarter than a lot of the people that laugh at him. Terrible judgement. But intelligent.

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