Are investors getting smarter?

Ben says yes, investors are getting smarter. His evidence is the fact that a market sell-off of 35% brought in millions of new investors, arriving as they did, all at once, as though prompted by a divine thunderclap from the skies. It’s really quite remarkable that the reaction to a bear market was a speculative mania and a new generation of investors getting into the game all at once. The 2008 crash produced the o...

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source https://thereformedbroker.com/2020/10/18/are-investors-getting-smarter/