Nearly 60% of institutional investors used Reddit for investment calls

Nearly 60% of institutional investors said they have used information on Reddit for an investment decision, according to the results of a newThe investment advisory firm surveyed 257 US and European institutional investors – professionals who trade for banks, hedge funds and pensions – and found that 58% have used Reddit.

"Reddit continues to grow as a platform for investment advice with more than 33 million finance conversation threads on the site, which has caught the attention of institutional investors," Brunswick said.

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Stock market will crash in 60 days, best-selling author on Lehman collapse warnsMarket risk indicators are signaling one of the highest probabilities of a crash in the next 60 days. The Bear Traps report founder advises on how to allocate your capital. Bullish......... Na, it's definitely this month. WSJ headline 3/7: 'The Recession That's Always Six Months Away'. Whistling past the graveyard.
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