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Professor seems upset that regular people can now trade stocks on their phone

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phillyfinestserverstat

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{feed:enclosure_url} Here's a professor saying quite a few things about the next generation of stock traders who are able to do it on their phone. He's talking specifically about people who use the RobinHood app. The app allows you to trade stocks and even bitcoin right from your phone and you can see the stock market stats right there on the screen. I'm not sure what his problem is, but from my understanding, this app made trading stocks a lot easier and now more people than ever can get in on it. Of course, with stocks, there will always be gains and losses, so be mindful of what you're doing on there. And as always, this is not financial advice or advice at all. Just a little report on a guy talking about the RobinHood app and his views on it.Uproxx covered this guy too, saying the following:This bizarre take from Scott Galloway, professor of marketing at NYU Stern School of Business. Galloway gave an interview on MSNBC, which felt more like a one-minute rant against those damn Reddit “youths” who are influencing the stock market by beating some hedge-fund managers at their own game (embedded ab0ve — Galloway’s rant starts around the 6:40 mark). If you’ve been keeping up with this delightful tale of stock market sabotage, you’ll know a bunch of Redditors banded together to drive up the price of GameStop’s stocks when a hedge fund essentially made stock bets against the company (“shorting” the stock), intending to make a huge profit on the company’s failing business. It’s a fairly normal practice in the marketplace, so the stock bros didn’t expect a group of retail investors to disrupt the status quo which led to bankruptcy filings and blatant market manipulation and a pretty fiery exchange between Representative Alexandria Ocasio-Cortez and Senator Ted Cruz (we’ll let you guess who came out on top).
6Uu0FCNT8PM



Here's a professor saying quite a few things about the next generation of stock traders who are able to do it on their phone. He's talking specifically about people who use the RobinHood app. The app allows you to trade stocks and even bitcoin right from your phone and you can see the stock market stats right there on the screen. I'm not sure what his problem is, but from my understanding, this app made trading stocks a lot easier and now more people than ever can get in on it. Of course, with stocks, there will always be gains and losses, so be mindful of what you're doing on there. And as always, this is not financial advice or advice at all. Just a little report on a guy talking about the RobinHood app and his views on it.Uproxx covered this guy too, saying the following:This bizarre take from Scott Galloway, professor of marketing at NYU Stern School of Business. Galloway gave an interview on MSNBC, which felt more like a one-minute rant against those damn Reddit “youths” who are influencing the stock market by beating some hedge-fund managers at their own game (embedded ab0ve — Galloway’s rant starts around the 6:40 mark). If you’ve been keeping up with this delightful tale of stock market sabotage, you’ll know a bunch of Redditors banded together to drive up the price of GameStop’s stocks when a hedge fund essentially made stock bets against the company (“shorting” the stock), intending to make a huge profit on the company’s failing business. It’s a fairly normal practice in the marketplace, so the stock bros didn’t expect a group of retail investors to disrupt the status quo which led to bankruptcy filings and blatant market manipulation and a pretty fiery exchange between Representative Alexandria Ocasio-Cortez and Senator Ted Cruz (we’ll let you guess who came out on top).
6Uu0FCNT8PM


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