Robinhood traders cash in, billionaire investors missed

[tsptalk]

Another year for the so called "dumb money." It's been a trend for a few years now...


Robinhood traders cash in on the market comeback that billionaire investors missed

Retail investors capitalized on the market comeback, unlike the billionaire hedge fund managers who said stocks would retest their lows.

Millennial-favored stock trading app Robinhood saw new investors piling into stay-at-home stocks and those most beaten down by the economic shutdown, like airlines, casinos and hotels.

https://www.cnbc.com/2020/06/09/rob...meback-that-billionaire-investors-missed.html