The Folly of Meme Investing

“Human ingenuity is the engine that drives the stock market.” –David Booth, Executive Chairman and Founder of DFA


You mean the stock market isn’t driven by these so called meme stocks that we’ve been hearing so much about lately? You know those stocks that have gained cult-like following on social media platforms. Stocks that have seen increases in volume not because how well the company performs but rather because of social media hype.

Thankfully no. Check out Booth’s recent article where he shows the folly of all this foolishness and why it makes sense to buy the market and bet on human ingenuity instead: Meme Investing? Try Human Ingenuity Instead.