Your sociable, much less predictable close friends have been more possible to indulge in the meme-stock frenzy that captured well-liked imagination in the heady post-pandemic bull marketplace of 2021, a new paper suggests.
New analysis explored who is additional possible to make investments in shares, who’s a lot more likely to avoid them, and who’s far more probable to abide by a meme-stock or crypto-sort development.
The researchers — Dr. Zhengyang Jiang from the Kellogg University of Management from Northwestern University, Cameron Peng from London School of Economics, and Hongjun Yan from DePaul University’s Department of Finance — evaluated the