'it's Been Tough For Us': Day Traders Are Trouble For Investors, $100B Hedge-fund Titan Says | Markets Insider
Professional investors are struggling to deal with the day traders piling into markets, Man Group CEO Luke Ellis said at Bloomberg Invest Global on Wednesday. "It's hard to play poker with someone you haven't seen before," the hedge-fund titan said. Day traders have shocked the investment world by buying up shares in bankrupt companies, piling into distressed industries, and taking pot shots at Warren Buffett and other industry veterans. Visit Business Insider's homepage for more stories.