Blue-chip, volatile, high-risk: retail investors are buying while professionals are selling
- Written by Carole Comerton-Forde, Professor of Finance, UNSW
Stocks have held up relatively well during the COVID-19 pandemic. Following a steep decline in March, for example, the value of the Australian Stock has rebounded to be just 16% down on its February peak.
It’s a situation that appears to be exciting retail investors – regular people like you and I who buy shares directly. But this...