CapGrow Capital Advisors LLP reposted this
The attention of the retail investors is being misdirected, which reminds us how susceptible and prone the human mind is to paying attention to rumours and greedy, unrealistic bets. Another fallacy that the retail bandwagon is suffering from is "recency bias"—they are extrapolating their recent returns and taking additional risks to produce more returns. They believe their recent experiences with the small-cap higher returns scenario is the “new normal” based on positive political commentary and the news flow. A strong wakeup call by Arun Malhotra of CapGrow Capital Advisors LLP https://lnkd.in/gaMJ3i3m