If you are still scratching your head as to how a near bankrupt movie theater company (AMC) and video game store (GameStop) can still be trading at levels that are many multiples of their true value or how a handful of technology stocks can be priced as if they can perpetually grow at 20% per year or how investors could push the valuation of the stock market to within a whisker of its dotcom high, despite witnessing the subsequent collapse, MagnifyMoney may have the answer.
According to a MagnifyMoney survey, 32% of investors admit to trading drunk and 59% of Gen Z investors admit to buying and selling stocks while intoxicated.
The same survey finds that 37% of investors have lost sleep worrying about the stock market and 30% have cried.
You can read more about the survey here.
