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Robinhood: Stealing from the poor and giving to the rich?

Robinhood: Stealing from the poor and giving to the rich?

FromCalling Bullsh!t


Robinhood: Stealing from the poor and giving to the rich?

FromCalling Bullsh!t

ratings:
Length:
47 minutes
Released:
Nov 16, 2022
Format:
Podcast episode

Description

Robinhood aims to make investing friendly, approachable, and understandable for newcomers and experts alike. 
Although trading is free for the user, Robinhood makes a small amount of money for every single trade made on the app. The more you trade, the more money they make.
So is making investing free through an app the same as democratization?
Show Notes

Read Devin Mills’ paper assessing the association between trading cryptocurrency and problem gambling. 
Haley Sacks has a 'wealth’ of free resources and investing courses on Finance is Cool.
Learn more about investing with Charles Rotblut’s book: Better Good than Lucky.
Special thanks to James Royal for his contribution to this episode.
See omnystudio.com/listener for privacy information.
Released:
Nov 16, 2022
Format:
Podcast episode

Titles in the series (27)

The first podcast about purpose-washing...the gap between what companies say they stand for and what they actually do — and what they would need to change to practice what they preach. Hosted by Ty Montague, co-founder, Chairman, and Chief Purpose Officer of co:collective, a creative and strategic transformation partner for purpose-led businesses. In each episode, Montague calls on journalists, authors, leaders, and CEOs of some of the brands featured in the season to explore a company’s path to success and meaningful change. He also facilitates a panel discussion with additional experts to debate the company or organization at hand and provide concrete remedies and solutions for cleaning some of the b.s. up and to help drive action and transformation.  Episodes releasing every Wednesday. Distributed by iHeartMedia.