Charlie Dreifus Pens Letter in Barron’s—Royce
article 06-21-2021

Charlie Dreifus Pens Letter in Barron’s

PM Charlie Dreifus details why he is concerned about very young people buying and selling stocks in a letter to the editor published in Barron’s.


On June 18, 2021, Charlie Dreifus’s letter to the editor, “It’s the Bubbly Market That Entices Teens,” that was published in Barron’s making his case for why he believes the market bubble is causing teenagers to buy and sell stocks on trading apps.

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Charlie said his concern is rooted in social media, an aggressive brokerage community, and trading apps that make buying and selling stocks more accessible to very young people. Moreover, he believes the market bubble is the catalyst for this recent trend.

“The technology behind social media has undoubtedly created even more participants today, but the root cause of this phenomenon is the technological changes in the economy, which elevate prices in the market (or in specific sectors) and spread pervasive euphoria followed by excessive greed,” he said.

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Learn more about Charlie Dreifus here.

Important Disclosure Information

Mr. Dreifus’s thoughts and opinions concerning the stock market are solely his own and, of course, there can be no assurance with regard to future market movements. No assurance can be given that the past performance trends as outlined above will continue in the future.

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This material is not authorized for distribution unless preceded or accompanied by a current prospectus. Please read the prospectus carefully before investing or sending money. Smaller-cap stocks may involve considerably more risk than larger-cap stocks. (Please see "Primary Risks for Fund Investors" in the prospectus.)



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