To quote Charlie Munger: "Wall Street will sell shit, as long as shit can be sold" This is getting beyond ridiculous. After the surge in options trading by ret

To quote Charlie Munger: "Wall Street will sell shit, as long as shit can be sold" This is getting beyond ridiculous. After the surge in options trading by retail (and especially very short term options), crypto speculation and now this. What's funny (or rather sad, checking on Twitter or Reddit, you see those guys gambling a lot of money and loosing most of it, as a group, on spreads and fees to the banks / brokers, and at the same time, having a lot of weird theories on how the banks are robbing them. Those guys are literally giving those banks their money... It all reminds me of all those crypto defi, Celcius and others, arguing that the banks are making money by taking most of the interest earned, and defi eliminates that, so the interest rates they offer are higher. And btw, there was a company recently that offered 24/7 trading in some US stocks - FTX !