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The Morning Briefing: Hargreaves' bumper results and future-fit advice - Vimarsana News

The Morning Briefing: Hargreaves' bumper results and future-fit advice

1 st February 2021 7:40 am Good morning and welcome to your Morning Briefing for Monday, 1 February, 2021. To get this in your inbox every morning click here. Hargreaves’ Bumper Results What a year direct-to-consumer platforms have had. With time on their hands, and uncertainty swirling in every direction, more people – and more young people – are taking it upon themselves to open investment accounts. We have already seen the likes of AJ Bell report staggering numbers. Today was the turn of Hargreaves Lansdown, the biggest fish of them all. It did not disappoint; net new business was ...

Here's How Much Money Some Reddit Trolls Cost the Hedge Funds, and It's Going to Get Worse - Vimarsana News

Here's How Much Money Some Reddit Trolls Cost the Hedge Funds, and It's Going to Get Worse

AP Photo/Richard Drew The story of some Reddit investors on a board called Wall Street Bets crushing a hedge fund has tapered off as the weekend has carried on, though they are promising to resume their mission when trading opens on Monday. RedState has covered the story extensively, including how they targeted GameStop (among other stocks) after Wall Street got way out over their skis shorting the stock in hopes of profiting off its demise (see Reddit Trolls Beat the Stock Market, and the Elites Are Really, Really Mad). Whatever your moral opinions on short sellers and hedge funds may be, wa...