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Many Happy Returns — Smart Money: If you don't know who the patsy is, you're the patsy
Buzzing ratingBUZZING· 79%40m·2023-01-25·Money

Smart Money: If you don't know who the patsy is, you're the patsy

Many Happy Returns · 53

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? --- Get in touch…

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