Got lucky, got it right: how newbie stock jocks beat the market
11 mins | Dec 4, 2020
Did retail investors know something Wall Street didn’t? Or did they go bold in a market that’s rewarded such behaviour? "In a year of extreme volatility, the stocks newbie traders love most have soared 56%, beating the usually bulletproof S&P 500 by 45 percentage points and nearly doubling the return on hedge-fund favourites." Sarah Ponczek and Claire Ballentine explore this retail phenomenon in Bloomberg Businessweek.