We’ve all been conditioned to see meme investors and Wall Street in opposition, but it seems to me that they have a lot in common. Both believe in picking stocks and think they can beat the market. In my mind, the important distinction is that Wall Street stands to make a lot of money off meme investors, simply from trading costs.
Bitcoin & crypto in general have been in the news a lot, due to the recent large movements (up and down) in its price. Discover more in Niyati’s latest article.
With 2021 fading into the distance, economists and other market forecasters are peering into the crystal ball to project what might happen in 2022.
I read a funny poem at the end of 2020 with a theme of “forgetting that the year ever happened” and that we should just ‘start 2021 early.’
Discover more about Hindsight Bias in Niyati’s latest article on financial predictions.
It’s important to know whether you are receiving legitimate financial advice, or if you’ve just had a conversation with somebody about finances.
