Scientific Sense ® cover image

Prof. Matteo Maggiori of Stanford University on investor beliefs, trading, and global capital flows

Scientific Sense ®

00:00

Is It a Systematic Effect?

Retail traders becoming very pessimistic. They're getting out, even if ultimately it's not like theyr going from 90 % equitin thatfollito ziido ther might only be moving to, say, 70% equity. But the flow that results from that, myg move prices a long way. If there isn't another sector, say hedge funds, wo are just sitting there thinking, oh, we'll take the other ode of that. No problem. Our prizes only have to move two or three percent before i come in and buy. A i don't think we know their answer fully yet. Ah, but it as certainly a open up an interesting conjecture.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app