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I hate this framing too. I don't understand all the hand-wringing over people losing money in the stock market. If you want to be mad about people losing money
by alexandercrohde 6y ago
I hate this framing too. I don't understand all the hand-wringing over people losing money in the stock market.
If you want to be mad about people losing money, be mad about the ones where it's rigged against them -- lotto/casinos. Not the ones where they average positive. Hard for me to take this even remotely seriously.
- ImprobableTruth 6y agoOptions/futures (which I'd wager most of Robinhood's customers use) are zero sum games.