Futu: In A Bull Rush, Buy The Brokerage That Sells Shovels

In a gold rush, the best way to profit is to sell shovels and dig. Similarly, in a bull market, retail brokerage firms are expected to benefit from increased trading volumes, higher asset inflows, and a rise in accountA long-term investor passionate about Equity Research. My investment objective is to identify market asymmetries with positive reward-to-risk. I invest in high-quality, wide-moat companies that generate strong cash flow and trade at a fair price relative to their value. My research interests c ...