Following the Smart Money financial definition of Following the Smart Money
Follow the Smart Money (redirected from Following the Smart Money)
Follow the Smart Money
practice in which one buys
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.
References in periodicals archive
In this groundbreaking book, author Charles Biderman introduces his market-proven technique to improve investment returns by following the smart money
in the stock market.
Besides following the smart money
like Paul Allen and MCI, with the media convergence and communications revolution well underway, traditional market leaders are looking to broaden their service base by acquiring or investing in smaller, more agile companies.