This about sums it up ... "GME - MC was the "adult" in the room and got played. And they were being greedy on short side imo."
I am not sure greed is appropriate...but damn close...eh? They were simply using logic and were "fooled by randomness". One of my favorite books by the way...great easy read from Taleb. Then again...they probably should have read Taleb's works...and they wouldn't have suffered so much.