smart money investment & finance definition
Investors
whose decisions about what products or sectors to invest in turn out to be
correct. Everyone wants to invest where the smart money is.
See smart money in Wall Street Words
The funds controlled by investors who should have special knowledge of the right kinds of investments to make. Essentially, the term refers to funds controlled by insiders or to institutional money. The implication is that if the individual investor can figure out where the smart money is going, he or she can follow suit and make above-average profits. Many researchers believe that smart money is no more likely to earn above-average returns than funds invested by typical investors.
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