Episode 53

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

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?

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Disclaimer

This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.


Copyright 2023 Many Happy Returns

About the Podcast

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Many Happy Returns
The weekly podcast that makes better investors

About your hosts

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Ramin Nakisa

Ramin is an investment coach, YouTuber and founder of PensionCraft.

He worked for 15 years as an investment banking strategist and has published two books: “A Financial Bestiary” and “Invest in Fear”.
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Michael Pugh

Michael is a media executive in London, working in news, television and music.

He is an enthusiastic amateur investor and new dad.