Strome Business Minute With Dr. Jeff Tanner

Welcome to a Strome Business Minute, presented by the Strome College of Business. According to Goldman Sachs, the average investor has beaten the pros in the stock market during the pandemic. The portfolio of stocks purchased by individual investors since the bottom on March twenty third has returned sixty one percent, compared to a forty five percent return on stocks purchased by mutual funds, hedge funds and other pros. Individuals looking for value purchased stocks that were beat up the most by the pandemic, including Penn National Gaming, MGM Resorts, Royal Caribbean Cruise Lines and Marathon Oil. Also doing well for individuals were GoPro, Snap, and Tesla. Most of the gains were made on stocks purchased in mid May when both the virus news and economic news got a little better and the market began its climb, though now it seems to beaded back down. To learn more, visit odu.edu/business. This Strome Business Minute is presented by the Strome College of Business, Old Dominion University.