Dr Pedro Saffi, Reader in Financial Economics and Director of the Master of Finance at Cambridge Judge Business School, recently appeared on BBC commenting on US congressional hearings on GameStock share trading. Dr Saffi went on to say that lots of professional investors are going to start paying much more attention than they do at the moment in the market sentiment that is coming from those small investors on Reddit. “People were very surprised by the fact that the hedge funds and other large investors were kind of beaten up by the small traders that were following that Reddit forum.” (subs)
Watch the video [bbc.co.uk]
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