Clubhouse Is Taking Shape as the Anti-Reddit for Stock Market Buffs
The audio-centric social network forces users to defend their positions with their own voices, which market-watchers say helps keep trolls at bay.
Co-hosts Dion Foxworth and Tahrim Kahlis prepare for an episode of the “Stock Market Moves” show in Johannesburg.
Photographer: Waldo Swiegers/BloombergStill trawling through WallStreetBets on Reddit for investing tips? So passé. The hot new spot to talk stocks is an app you might not even be invited to use yet.
It’s called Clubhouse. If you haven’t heard, the audio-oriented, invite-only social network is part podcast, part chat room. And in the past few months it has become a favorite pontificating ground for tech titans and celebrities including Elon Musk, Mark Zuckerberg and Drake. Listeners tune in to live conversations and ask questions — verbally — in sessions covering everything from mixed martial arts to money management.