Timely links to external news and articles, usually valuation related, with occasional commentary.
Nursing losses in 2022 that are worse than the rest of the market’s, amateur investors who jumped in when the lockdown began have now given back all of their once-prodigious gains, according to an estimate by Morgan Stanley. The calculation is based on trades placed by new entrants since the start of 2020 and uses exchange and public price-feed data to tally overall profits and losses.
This comes as a huge surprise to literally no one. I hope Robinhood goes out of business.