In today’s digital age, social media has become a cornerstone of information for nearly every aspect of our lives. From lifestyle tips to financial advice, influencers wield significant power over public sentiment. Among them are financial influencers, or “finfluencers,” who share investment tips, stock picks, and market analyses. But how reliable is their advice? Can retail traders use their recommendations to improve their trading strategies?
A recent research paper titled Finfluencers by …