Business News›Magazines›Panache›Zerodha | Elon Musk: Zerodha co-founder feels billionaires like Elon Musk should be held responsible for the GameStop saga
Zerodha co-founder feels billionaires like Elon Musk should be held responsible for the GameStop saga
Nikhil Kamath (L) said that the 'rich boys' like Chamath Palihapitiya and Elon Musk (R) probably ended up making money, but the small guys who bought at 100-300 are now sitting with a 70% loss in their portfolio.
Nikhil Kamath shares reasons why a GameStop-like scenario wouldn't happen in India.
Zerodha co-founder and India’s youngest billionaire, Nikhil Kamath believes billionaire investors like Elon Musk and Chamath Palihapitiya should be held responsible for their role in the recent GameStop saga.
In a recent conversation with WeWork India’s Karan Virwani, Kamath said, “I think these billionaire evangelists were very irresponsible in egging on the public to do what they did. All those rich boys, everybody from Chamath