Seems like we are having the same discussion we had in previous bubbles. Robinhood, to put it simply, represents the retail investor market. What’s the first r

Seems like we are having the same discussion we had in previous bubbles. Robinhood, to put it simply, represents the retail investor market. What’s the first rule of fight club? The stock market is not for retail investors. When the retail investor shows up (represented via the prominence of a Robinhood or a Etrade once upon a time), you’ve entered ‘time to get real’ territory. Their entire customer base will be gone once things get ugly, so don’t even worry about how they make money since they are going to have bigger problems inevitably. What happened the last time everyone’s mom became a real estate agent pre-2008? These things are symptom of a fantasy playing out.