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Robinhood Founder: Retail Investors Are the True 'Smart Money,' Says Vlad Tenev on July 6

GateNews
Stocks
HOOD3.29%
On July 6, Robinhood founder Vlad Tenev stated during The Master Investor podcast that retail investors may be the true "smart money." Tenev argued that institutional investors often over-focus on macro indicators such as tariffs and interest rates, sometimes selling fundamentally sound companies for portfolio rebalancing. In contrast, retail investors take a more direct approach, focusing on whether companies improve operations, offer superior products, and grow revenue and profits. This allows retail investors to better withstand short-term volatility and capitalize on market panic-driven opportunities, according to Tenev.
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