Hedge Fund Anson Goes Big on Retail Trades, Outperforming Peers

Discussion in 'Wall St. News' started by dealmaker, Feb 11, 2021.

  1. dealmaker

    dealmaker

    Hedge Fund Anson Goes Big on Retail Trades, Outperforming Peers (Bloomberg)
    Canadian hedge fund Anson Funds, which returned more than double the S&P 500 in 2020, recommends skipping the fundamentals and focusing on sentiment as retail traders take an outsized role in the market. That is what pushed Anson to trade on themes and stocks popular with individual investors last year, including positions in Apollo Healthcare Corp., Genius Brands International Inc. and Hertz Global Holdings Inc.
     
  2. SteveM

    SteveM

    Said differently - "stop investing and start gambling."
     
  3. S2007S

    S2007S

    "skipping the fundamentals and focusing on sentiment as retail traders take an outsized role in the market."


    Yeppppppp. As we all know, when the fed is printing trillions it doesn't matter if a company has fundamentals. Can't wait to see the next market bubble pop.
     
    jys78 likes this.
  4. jys78

    jys78

    Gonna be incredible to see a 50% drop after a 5000% runup.
     
  5. S2007S

    S2007S



    Doesn't matter how many thousands and literally thousands of percent increases in a stocks over the last decade and even the hundreds and hundreds of percent increase in stock prices in just the last 10 months alone..... even if it's a simple 23% drop across the board people would feel that it's simply the end of the world. No one is even expecting a 5% drop so anything more than say 2 or 3% would feel like an ever lasting depression.
     
  6. jys78

    jys78

    Good. I don't care about them, I care about me. Loving this ride!