# Caveat emptor: will retail investors get burned by their own fire for returns? 12/1/25

Page: https://stenobird.com/podcast/etf-edge-564005/caveat-emptor-will-retail-investors-get-burned-by-their-own-fire-for-returns-12-1-25
Text version: https://stenobird.com/podcast/etf-edge-564005/caveat-emptor-will-retail-investors-get-burned-by-their-own-fire-for-returns-12-1-25.md
Podcast: [ETF Edge](https://stenobird.com/podcast/etf-edge-564005)
Published: 2025-12-01T19:57:33+00:00
Episode link: https://www.cnbc.com
Audio file: https://www.podtrac.com/pts/redirect.mp3/cnbc.simplecastaudio.com/a409893e-2251-473a-bf35-5e57ee029dee/episodes/6f96c8ce-2bb1-42f7-9c2f-f868604a8072/audio/128/default.mp3?aid=rss_feed&awCollectionId=a409893e-2251-473a-bf35-5e57ee029dee&awEpisodeId=6f96c8ce-2bb1-42f7-9c2f-f868604a8072&feed=v1mmN2o3
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Duration seconds: 1895

## Resource

A new study finds more than 90% of increasingly complex single-stock, leverage and inverse exchange traded products are owned exclusively by retail investors chasing outsized returns. Billions of dollars have been piled in. But that was in a breakneck bull market that’s showing signs of cracking.

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## Transcript

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