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By Andrew Li
May 25, 2022

How Media Narratives and Individual Investors Drive Markets

Ronnie Sadka, Boston College Carroll School of Management (bio)  |  READ NOTES

 

The equity market’s historic rebound following the Covid-19 downturn of 2020 was driven in part by the collective actions of millions of individual investors, many buying stocks for the first time. This expanded group of actors, who increasingly interact on social media to develop and spread trade ideas, has the potential to change market dynamics, introducing new risks and opportunities. In this session, Ronnie Sadka-the senior associate dean for faculty, chairperson and professor of Finance, and the Haub Family Professor at the Carroll School of Management, Boston College - will review the basics of behavioral finance and explain how investors should think about these principles in the modern era with a focus on the link between viral narratives and retail trading. 

 

3rd paragraph

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1.Peter L. Bernstein Award for Best Article in an Institutional Investor Journal in 2013; Doriot Award for Best Private Equity Research Paper in 2022; Bernstein-Fabozzi/Jacobs-Levy Award for Outstanding Article in the Journal of Portfolio Management in 2006, 2009, 2011, 2013 (2), 2014, 2015, 2016, 2021; Roger F. Murray First Prize for Research Presented at the Q Group Conference in 2012 and 2021; Graham & Dodd Scroll Award for article in the Financial Analysts Journal in 2002 and 2010.