In the long term yes. Nasqad only recently surpassed SP500 in 20-years average return.
Also no point comparing investment returns across different diversification/risk levels. You might as well ask if any traditional investor outperformed BTC.
Robinhood has democratized stock trading for everyone and that comes with the good and bad. Yea, there are clueless people everywhere. Even Sacca got extremely lucky, but he's just saying don't leverage yourself with stocks/btc, which is totally fair.
I think heβs referring to people who just invest in everything with 0 DD just because theyβre familiar with the name, which is a lot of RH traders.
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If I were him, I wouldn't mention anything. Robbinghood traders provide more liquidity and more opportunity to unload on dipshits.
Also no point comparing investment returns across different diversification/risk levels. You might as well ask if any traditional investor outperformed BTC.