Warren Buffett and Charlie Munger have been openly critical of the Robinhood trading app which, according to a recent article in CityWire, raises “some bigger questions that must be faced…
Tag: Robinhood
Robinhood Traders Pack a Punch Five Times Their Assets
Individual investors had an impact five times the size of their assets in the second quarter of 2020, says a new study from the Swiss Finance Institute. This according to…
Questions from Robinhood Trader Reveal “Uninformed Equity-Market Participant”
Researchers at Oklahoma State and Emory University have found that “the popularity of zero-commission brokers has attracted a new type of uninformed equity-market participant that in aggregate has negative effects…
Munger on How Robinhood is Luring Novice Investors in ‘Dirty Way’
In a virtual talk given last month in Los Angeles, Charlie Munger—the 97-year-old vice chairman of Berkshire Hathaway chairman and longtime business partner of Warren Buffett—issued a “dire warning on…
GameStop Mania Leads to Scrutiny on Online Broker Payments
The recent GameStop saga is “prompting calls for regulators to reconsider a decades-old practice in the U.S. stock market” in which trading firms pay brokerages for the right to execute…