Robinhood: The Technology Company That Sells Investments

Today, Paul talks about a dropped lawsuit that the SEC filed against Robinhood and walks through a shameless plug that touts Robinhood's superior “engineering” and “offerings.” Paul wants investors to not fall for companies like this that seem advanced and new. The truth is Robinhood is successful because it’s good at selling investments to people, not because investors are becoming successful on their platform. Listen along as Paul outlines the risks and problems with trading companies like these. 

 

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