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What is 'dumb money' based on a real story?

2024-11-24 16:40
2024-11-24 19:36

Dumb money, in the context of a real - story, often refers to inexperienced or naive investors. For example, in the stock market, small individual investors who lack in - depth knowledge and follow trends blindly can be considered dumb money. They might be influenced by rumors or short - term market fluctuations and make unwise investment decisions.

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Well, 'dumb money' based on a real story could be about ordinary people who invest without proper research. Take the dot - com bubble as an example. A lot of folks heard about the booming Internet companies and just poured their money into any dot - com stock without really understanding the business models. They were the dumb money in that real - life scenario. They thought they'd get rich quick but ended up losing a lot when the bubble burst.

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