We know that institutional investors, hedge fund managers, mutual fund managers are the ‘smart money’. Together, these professionals and sophisticated investors have more capital, resources, expertise and experience (and influence) in investing. We, retail investors, are ‘dumb money’ — gullible, slow and irrational investors who will likely lose in the investing game. However, something happened that caught the attention of the media recently. A Surging Stock By surging stock, I don’t mean Tesla. It was Game Stop (GME). Game Stop is a chain of retail stores that sell video games, gaming merchandise and electronics. Given the trend of consumers going digital, lockdown due to COVID19, it is not surprising that Game Stop did not do well recently. At the beginning of the year, the share price was around ~$18. Suddenly, on Jan 27, 2021, the price shot up to a high of ~ $347....