Well maybe "smart money" is the wrong term....because as you say...they pick turkeys just like retail do. I suppose they are just a bit more connected/networked than retail investors. They probably also have a higher success rate in their picks because they can make so many.
Maybe we should refer to them as "big money"?
Ann: Change in substantial holding, page-21
Currently unlisted. Proposed listing date: 4 SEPTEMBER 2024 #
