A new center for Jewish studies has opened at Goethe University in Frankfurt, joining a growing number of Jewish studies programs at universities across Germany.
February 9, 2021
Our smartphones function like handheld engines of misdirected purchasing: unhealthy food, impulse buys and also, it turns out, uncommonly risky stocks.
A new paper, published by academics in American and German business schools, shows that retail investors trading on their phones buy “riskier and lottery-type assets” compared to when they traded on computers. They chase stocks with hot streaks, of the kind exhibited by GameStop in January. And by tracking investors who first traded on computers and then adopted trading apps, the paper showed that they acquired riskier habits that stayed with them even when they went back to buying and selling on their computers.