Is Chris Sacca right about Robinhood investors ?

Keybank
Porkistan

Go to company page Keybank

BIO
Not an Investment advice.
Porkistan
Jan 3, 2021 8 Comments

https://markets.businessinsider.com/currencies/news/billionaire-investor-chris-sacca-mocks-robinhood-bros-trading-reckless-stonks-2021-1-1029928519

#tech #robinhood #robinhoodcomp #stock #stockmarket #investment #finance #retirement #delivery #faang #money #personalfinance #personalcapital

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TOP 8 Comments
  • Microsoft / Product
    d38sd

    Go to company page Microsoft Product

    d38sd
    Dude is salty he lost money. πŸ€·β€β™‚οΈ

    If I were him, I wouldn't mention anything. Robbinghood traders provide more liquidity and more opportunity to unload on dipshits.
    Jan 3, 2021 5
    • Not all hedge funds are meant to surpass S&P. Some are meant to provide predictable (lower) returns but with downside protection.
      Jan 3, 2021
    • 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.
      Jan 3, 2021
  • 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.
    Jan 3, 2021 1