Highly Regarded Investors? Mining Predictive Value from the Collective Intelligence of Reddit's WallStreetBets, Buz, T., Schneider, M., Kaffee, L. A., & de Melo, G. (2024)
Paper: Buz, T., Schneider, M., Kaffee, L. A., & de Melo, G. (2024). Highly Regarded Investors? Mining Predictive Value from the Collective Intelligence of Reddit's WallStreetBets. ACM Web Science Conference. Link: https://doi.org/10.1145/3614419.3643993
A detailed study that analyzes 1.6 million WallStreetBets posts to see if there's real predictive value hidden in the memes and "YOLO" trades. The authors use machine learning to determine if the "collective intelligence" of this retail investor army can actually beat the market.