2min chapter

From the New World cover image

Byrne Hobart: Over- and Under-Correction in Tech

From the New World

CHAPTER

How to Bet on Stocks That Are Moving in the Opposite Direction

A lot of hedge funds on the systematic side they will do that. They look at social media chatter to see if very sophisticated investors have a very strong view and they're pushing it in that direction. If you find that some stock screens really well and momentum is also something that people are talking about a lot on discord and on Reddit and Twitter then you can be a little more confident that again the marginal buyer is not not insanely sophisticated or levered.

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