Follow the Smart Money

Follow the Smart Money

An investment practice in which one buys and sells the same securities as institutional investors and/or market insiders. Supposedly, these investments perform better than others because institutional investors and market insiders are thought to be better informed than most investors. Many analysts, however, dispute the idea that smart money is any "smarter" than that of the average investor.
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We follow the smart money," concluded Melvin Pereira, President and CEO of Pure Hospitality Solutions.
Alternatively you could follow the smart money - and according to Ben Walton of gaming software providers Game Account, some of the smartest money around has now got itself snuggled down in the online skillgaming sector.
It started as a professional gamble on Comply Or Die, but now the public money will follow the smart money," Dillon predicted yesterday.
How to follow the smart money and invest in the boom in student flats.