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…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *