Business
US “mum and pop” investors leaving the pros in the dust in 2020 stock rally
Retail investors in the US are shaping up to be better stock pickers than the professionals during the COVID‐19 rebound this year.
These mum and dad investors have generated returns that are twice that of hedge funds, according to Reuters.
I believe everyday ASX investors in Australia are also beating the pros at their own game. As reported in July, retail investors here have rushed to buy embattled ASX stocks during the COVID market meltdown.
It appears that US retail investors have done the same – turning the idiom “fools rush in where angels fear to tread” on its head!
I’ll tell you why this is significant later in this piece.
Stocks most popular with retail investors in 2020
Online trading platforms showed that the US…
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