Bill Hwang, Isaac Newton and your money
Are retail investors safe in today’s stock markets? In 1720, Isaac Newton lost his life savings in the famous South Sea economic bubble. At a time when stock markets are at a record high despite the lurking presence of the pandemic, what can we learn from the physicist’s misfortune? Robin Wigglesworth examines Bill Hwan’s Archegos losses and the general surges in stock market interest to evaluate what the future holds for our money. This comprehensive analysis reveals what boring investments could have saved Newton's fortunes and could still save ours.
From Financial Times