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Have you heard the term "sheep money"? Mitchell Atkins explains that it's the Twitter guys, the followers, the pumpers and the dumpers that can change the market dramatically. He reckons that you'll see an IPO (a company listing to the stock exchange), and it will have advisers and brokers creating amazing hype. The razzle as Mitchell calls it. Then the company starts to trend on social media and boom, everyone sells out, the share price tanks, and the poor retail investors (the sheep) lose out. It was a pleasure discussing this and other insights with the micro-cap fund manager of the year Mitchell Atkins (@Magnolia_Mitch) / Twitter Hit him up on Twitter - he's happy to talk about his ideas and answering investing questions. https://twitter.com/Magnolia_Mitch Check out the blog post here: https://www.sharesforbeginners.com/blog/magnolia Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/sharesforbeginners Disclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they’re offering something of value. Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.
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