Re:Keeping Customers Informed Through Market Volatility
by mrguyorama on Thursday January 28, 2021 @11:21AM
(#25944276)
> the major principle of RH
The "major principle" is to make billions of dollars by owning the market, as it always seems to be with these silicon valley startups
Re:Keeping Customers Informed Through Market Volatility
by jackfrodo on Thursday January 28, 2021 @11:24AM
(#25944319)
Right right, I mean the face-value marketing "major principle", the one I was foolish enough to trust for a while.
Re:Keeping Customers Informed Through Market Volatility
by vlovich123 on Thursday January 28, 2021 @12:03PM
(#25944914)
And yet their entire business model is that they offer it for free because they sell access to your orders to market makers so that they front run your transaction.
But I find it particularly egregious because the major principle of RH was that it was on the side of the everyman rather than institutions.