Year: 2020
Type: report
Abstract: Robinhood (RH) investors collectively increased their holdings in the March 2020 COVID bear market, indicating an absence of panic and margin calls.Their steadfastness was rewarded in the subsequent bull market.Despite unusual interest in some "experience" stocks, their aggregated consensus portfolio (likely mimicking the household-equal-weighted portfolio) primarily tilted towards stocks with high past share volume and dollar-trading volume.These were mostly big stocks.Both their timing and their consensus portfolio performed well from mid-2018 to mid-2020.
DOI: 10.3386/w27866
Author: Ivo Welch
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W3134410265