Robinhood responds to Charlie Munger’s criticism: ‘Disappointing and elitist’

Robinhood responds to Charlie Munger’s criticism: ‘Disappointing and elitist’

Berkshire Hathaway Vice Chairman Charlie Munger gave his views about Robinhood, zero-commission trading, and the GameStop frenzy on Wednesday.

Speaking at the Q&A portion of the annual meeting of the Daily Journal, a technology and publishing company where Munger is also executive chairman, the 97-year-old held little back, impugning the no-commission business model as “a dirty way to make money.”

When asked about the GameStop trading frenzy that unfolded in January, Munger said his views…


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