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Messiahs of Momentum – With insights from The Wall Street Journal
'The Tesla founder and other ‘messiahs of momentum’ can rally hordes of investors in the blink of an eye', says The Wall Street Journal.
Here's another superb piece by Jason Zweig who pens The Intelligent Investor column for our partners at The Wall Street Journal. The final blow-off in every major stock market bubble has drawn in masses of retail investors attracted by the supposedly easy money to be made. This time around, social media celebrities are doing the cheerleading, encouraging Joe Public to join what hindsight will surely describe as yet another lemming rush. It's sure to end in tears, but while the party is in full swing, nobody worries about the hangover to come. – Alec Hogg
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