Robinhood has "become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year or year and a half," Buffett said.
Robinhood has "become a very significant part of the casino aspect, the casino group, that has joined into the stock market in the last year or year and a half," Buffett said at Berkshire Hathaway's annual meeting on Saturday. Robinhood — whose mission is to "democratize investing" — is often criticized for its gamification of investing. The Silicon Valley start-up found itself in the middle of a firestorm in January amid the short squeeze in GameStop, which was partially fueled by Reddit-driven retail investors. The app has take steps to disband this reputation, beBuffett said he was unhappy to learn short-term stock options activity in Apple's stock was surging.
Kr00ney TechCheck
Kr00ney TechCheck We’ve seen this movie before. Rewind — precisely — 20 years. Similarly, the dot commers were revealing their ignorance, then. History will repeat itself. Markets change millisecond-by-millisecond. Human nature does not change, millennium-by-millennium.
Kr00ney TechCheck I’m not a gambler. I actually read WSJ and for the most part invest in blue chip stocks.
Kr00ney TechCheck Buffett was viewed as out of touch in the late 1990’s dot com boom for avoiding dot com stocks ... until he wasn’t!
Kr00ney TechCheck He for a long time didn’t buy Apple and then changed his views about it. Now Apple is the most profitable stock in his portfolio.
Compliments to FED for all liquidity that turned StockMarket into the biggest CASINO in the world! FED - 'Thank you for participating in our wealth redistribution cycle !'
Pourquoi ce n'etait pas deja un casino pour milliardaire et millionnaire ? Parié sur ce qui va , peu ou pas marché
my 2 week predictions
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