Reported about 2 months ago
The recent fallout between Elon Musk and Donald Trump highlights the risks associated with personality-driven investing, particularly within the volatile meme-driven market of Wall Street. Their public feud caused significant drops in valuations related to both figures, emphasizing how reliant these investments are on individual reputations. Despite a stabilization in the broader market, the incident serves as a reminder of the precarious nature of trading linked to prominent personalities and the speculative frenzy that has enveloped many retail investors.
Source: YAHOO