larrythedog

5 ms·

1. 1.▲
   by larrythedog 11y ago

   This just looks like a student's investment thesis / presentation.
2. 2.▲
   by larrythedog 11y ago

   Traders arguably add value by adding liquidity and assisting with price discovery. Arbitrageurs do the latter by definition. Though, these are fairly complex financial concepts, so it's easy for people to jump to the conclusion that la
3. 3.▲
   by larrythedog 11y ago

   You're right on all counts. The point I was trying to make is that it caters to unsophisticated investors, and this platform indirectly encourages them to invest without understanding the risks.
4. 4.▲
   by larrythedog 11y ago

   Robinhood definitely takes the cake for ease-of-use, but companies like Interactive Brokers offer very low commissions, and a much more comprehensive tool. May be worth checking out if you're a somewhat sophisticated investor. As for y
5. 5.▲
   by larrythedog 11y ago

   The way they market this app makes me pretty concerned. It seems like they're advocating short-term trading -- pretty risky behavior. I guess they don't explicitly do this, but the nature of a mobile-only platform, with what looks