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Smart Money: If you don't know who the patsy is, you're the patsy
Description
Institutional investors, hedge funds, and professional managers dominate financial markets. Collectively, they make up 90% of trading and are sometimes called ‘smart money’.
But are they really that smart? Do they know something we don’t?
And in today’s Dumb Question of the Week: What is a hedge fund?
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This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.
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