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‘Not Warren Buffett’: Kumova silk says he couldn’t pump stock

Tom Richardson
Tom RichardsonJournalist

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Tolga Kumova could not have used Twitter to pump the value of various sharemarket holdings because he didn’t have sufficient influence over retail investors, the Federal Court heard on Thursday.

Alan Davison, 67, the defendant beter known as Stock Swami.  Michael Quelch

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Tom Richardson writes and comments on markets including equities, debt, crypto, software, banking, payments, and regulation. He worked in asset management at Bank of New York Mellon and is a member of the CFA Society of the UK as a holder of the Investment Management Certificate. Connect with Tom on Twitter. Email Tom at tom.richardson@afr.com

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    Original URL: https://www.afr.com/markets/equity-markets/not-warren-buffett-kumova-silk-says-he-couldn-t-pump-stock-20220707-p5azry