Masayoshi Son, at one time considered to be the Warren Buffett of Japan, has pretty much gone full Robinhood trader.
As it turns out, Son’s conglomerate, SoftBank Group Corp., may be behind the rip-roaring ride in large-cap U.S. technology stocks in recent weeks that lifted the broader market and, in effect, made investors nearly forget the Covid-19 crisis for a moment. The “Nasdaq whale,” the Financial Times calls him, referring to a monstrous options trade that the paper’s unidentified sources say was made by SoftBank. Here’s how the Wall Street Journal describes the curious move:
Investors watching the vertigo-inducing rise — and
