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YES, indeed. This time is different remains in place since the market melt in 2008. These observations have been expressed over the years here. The market melt of 2008 impacted economic sectors, unlike sectors affected today. But, 2008 brought large policy changes for the functions of monetary policy from central banks. These processes are still being sorted today, as to what, where and when. Other investing sectors changes were already in place, and continue now. We know technology continues to impact and the market place has continued to innovate investment choices via more and more thematic oriented placements. MOTIF was an early player in this space, where one could build there own thematic investment or invest in other existing themes. From a 2020 notification:
After ten years in the investment space, online brokerage platform Motif will be shutting down operations on May 20. The company notified users via email on April 17 in a message saying, “At this time, we've made the decision to cease operations and transfer your account to Folio Investments.”
Anyhoo. Covid brought forth another new era of investing. Unlike the 2008 melt, when one could still go to a restaurant, vacation or whatever else; Covid removed the social functions, and impacting the economies in a whole new fashion. Then the rise of the "inequality retail traders" via Robinhood, etc. Some of this birth reportedly had roots in the "Occupy Wall Street" movement years ago. The writer of the article mentions social media and impacts. I fully agree with this thought. Fortunately for him and our house, too; he/we are able to discover some of what is taking place within the 20-40 y.o. groups relative to social media, and what may be of value as related to investing. We ask questions of some of the younger ones as to what is going on within social media, who and/or what is "trending". As with anything related to what is investment worthy; we attempt to ask the proper question in hopes of receiving a proper answer/observation. This area (social media) travels at the "speed of electrons". Robinhood and related have and will continue to impact retail markets; and one can be assured that the big institutional houses have likely established folks from the 20-40 y.o. group to keep them informed. If this is not the case, they are missing the investment boat. >>>This write is for informational purposes only, as I'm not formally trained in economics or psychology.
@catch said - "Robinhood and related have and will continue to impact retail markets; and one can be assured that the big institutional houses have likely established folks from the 20-40 y.o. group to keep them informed."
See Cathy Woods & ARK Investments. They are all over it.
Comments
MOTIF was an early player in this space, where one could build there own thematic investment or invest in other existing themes. From a 2020 notification: Anyhoo. Covid brought forth another new era of investing. Unlike the 2008 melt, when one could still go to a restaurant, vacation or whatever else; Covid removed the social functions, and impacting the economies in a whole new fashion.
Then the rise of the "inequality retail traders" via Robinhood, etc. Some of this birth reportedly had roots in the "Occupy Wall Street" movement years ago.
The writer of the article mentions social media and impacts. I fully agree with this thought. Fortunately for him and our house, too; he/we are able to discover some of what is taking place within the 20-40 y.o. groups relative to social media, and what may be of value as related to investing.
We ask questions of some of the younger ones as to what is going on within social media, who and/or what is "trending". As with anything related to what is investment worthy; we attempt to ask the proper question in hopes of receiving a proper answer/observation.
This area (social media) travels at the "speed of electrons". Robinhood and related have and will continue to impact retail markets; and one can be assured that the big institutional houses have likely established folks from the 20-40 y.o. group to keep them informed. If this is not the case, they are missing the investment boat.
>>>This write is for informational purposes only, as I'm not formally trained in economics or psychology.
Regards,
Catch
See Cathy Woods & ARK Investments. They are all over it.