It’s a beautiful time to be in the business of stocks. Investors have seen stocks continue to rally and suddenly investing – and I use that word loosely - seems to be the planet’s go-to hobby. Euphoria seems to have well and truly set in.
That can, of course, be very dangerous. As Mary McDougall wrote this week in ‘Think twice before dealing on your smartphone’, the gamification of stock trading is a real danger to many people. Indeed, there have been instances of people losing everything on the recent GameStop squeeze. We knew this would happen but, sadly, emotions often overrule logic.
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