Robinhood traders are betting against veteran billionaire investors like Warren Buffett and Carl Icahn “” and they’re winning (HTZ, JETS, SPY)

Robinhood traders are betting against veteran billionaire investors like Warren Buffett and Carl Icahn “” and they’re winning (HTZ, JETS, SPY)

This group of traders has been betting on beaten-down stocks that have been abandoned by veteran billionaire investors like Warren Buffett and Carl Icahn, and they're starting to win.. Robinhood traders have been placing big bets against veteran billionaire investors, and now they're starting to win.. The surge has in part been fueled by a new group of investors who are looking for excitement as professional sports leagues are temporarily shuttered.. This new group of traders has been betting against the likes of veteran billionaire investors including Warren Buffett, Carl Icahn, and Stanley Druckenmiller, and they're starting to win.. Robinhood investors and Portnoy started to pile into airline stocks, as evidenced by a surge in assets in the US Global JETS ETF.. Read more: MORGAN STANLEY: The stock market is entering a new phase of a playbook that's thrived in past recessions.. Despite the comments from some high-profile billionaire investors, retail traders continued to pile into the market.. Since then, the S&P 500 index has rallied 15% and Druckenmiller said on Monday that he was "humbled" by the recent rally in the stock market.. While retail traders have been on the winning side of trades against billionaire investors