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James Surowiecki
JamesSurowiecki
The most interesting player in the GameStop story has gotten little attention: the DTCC, the centralized clearinghouse for stocks. It was the DTCC that raised the collateral requirements on memestocks
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Melissa Perri
lissijean
Thread about product ethics. I agree with Nate that we need WAY better education around finance and investing. But I disagree that we can't blame Robinhood for investment mistakes, especially
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Judd Legum
JuddLegum
1. If you turn on CNBC, you'll hear a narrative that reckless retail investors from Reddit are destabilizing the stock market by driving up prices for GameStop and other stocks.This
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Tyler Winklevoss
tyler
Everyone's talking about how Robinhood sells your orders to Citadel. As important is how they make money lending out your stonks and cash, but give you nothing for it. Like
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Jess
jesseddy
It's an excellent time to talk about the UX of Robinhood. I'm sure a team of talented and well-intentioned designers and product people behind the product, and I'm not calling
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Alp Ozcelik
alplicable
Robinhood preventing people from buying certain stocks seems like blatant market manipulation, no?? I guess I don’t get what the game plan is? They’re going to play whack a mole
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😷Anupam Chander
AnupamChander
A few errant thoughts on the Gamestop stonks controversy this week. First, some great sources--@Kantrowitz podcast with @ranjanxroy, who delves into the details. 1/https://twitter.com/Kantrowitz/status/1355297315955769347 Great reporting in
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Bes D. Socialist
besf0rt
interesting how the "free market" stops all trading as soon as poor people profit from it "quick! we need to do something! the $2000 checks can wait. or was it
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𝐌𝐞𝐥𝐚𝐧𝐢𝐧 𝐌𝐨𝐧𝐞𝐲 🧩
MelaninMonies
Dividend Investing is the evolved version of Saving AccountsHere's why Saving Account Interest rates are laughableMost banks are at 0.01% with 2% being the high The average annual INFLAation Rate
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VLAD
vladtenev
It’s time for T+2 to go. (1/9) Last week we saw the impact the two-day trade settlement period has on investors and ultimately the entire American financial system. Clearinghouse deposit
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Wealth Squad Chris ♻️
CJ_Johnson17th
Alright y’allThis the last time I’m going to say this PLEASE TAKE YOUR MONEY OUT OF ROBINHOOD If you can’t even call customer support for a company that has your
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650 days until the midterms
codyrarn
The unfortunate truth is that the SEC might take steps to bar small time investors over the gamestop thing, which is frustrating because they literally did what Wall Street does
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Chuck Zodda
ZoddaZone
It’s almost unfathomable how badly Robinhood destroyed its company today. Here’s one that I was thinking about.1. Most Robinhood accounts automatically come with margin, meaning investors can borrow against the
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MarketWatch
MarketWatch
LIVE: The GameStop hearing has begun. Watch live video, and follow along with our live blog:https://on.mktw.net/3dr9qCe Chairwoman Maxine Waters opened the proceeding, saying that the events of late January "reinforced"
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Zack Guzman
zGuz
Robinhood is not the only brokerage that limited buys on GameStop this week, so why is it catching all the heat? Maybe because @stoolpresidente & others were quick to spread
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Nathan Lawrence 🌈
NathanBLawrence
One conversation I hope we'll have about what's happening right now is what the consequences are of creating experiences that make the task of trading securities feel like playing a
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