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The problem is that Wall Street has access to, if not free, practically frictionless trading in comparison to retail investors. If you add more friction to ret
by sacred_numbers 6y ago
The problem is that Wall Street has access to, if not free, practically frictionless trading in comparison to retail investors. If you add more friction to retail investors but not Wall Street it just compounds the problem.
- lovecg 6y agoSo let’s do it across the board. Slow everything down to sane levels. Won’t happen but one can dream...
- adrr 6y agoYou do realize most hedgefunds lose money and that active trading isnt as effective as just buying and holding shares in index funds. This is Warren Buffets famous bet. What WH has democratized is now giving retail investors the opportunity to also lose money with active trading.