Posted by Alumni from Cnbc
July 25, 2020
Individual investors have increasingly taken advantage of trading platforms such as Robinhood during the Covid-19 crisis, with some of their top stock picks outperforming those of hedge fund managers."The Fed has anchored interest rates near 0%, so, it's kind of forced people out [on] the risk curve," Davi, his firm's founder and chief investment officer, said Monday on CNBC's "ETF Edge." "I think that's ... a big catalyst to get a lot of people taking their money out of the bank and going into the stock market.""We don't tend to brag about the fact that we lost $15,000 last week or we made a really bad mistake or something went awry," he said. "We all tend to brag about how easy it is to beat the market, and there is a real sample bias in what most people are going to understand goes into that investing." learn more