The original version of this article first appeared in The Business Times. Here is a handful of true and absurd stories in markets over the last year.

50,000 per cent realised return in three weeks

A few weeks ago, a group of friends thought it would be a good idea to buy some NFT artwork. Three friends bought at the same time for $100 each. They all got “rare” artworks, and one friend sold for $25,000 after just two weeks. A week after that, another friend sold for $50,000 after just a three week holding period. My final friend is still holding on after six weeks, and has the artwork listed for $100,000 waiting for a willing buyer.

GameStop and AMC are down around 50 per cent from their highs

It was just earlier this year that the GameStop saga stopped all of us in our tracks. Through a roller coaster of retail investors versus hedge funds, short squeezes,...