Re:Robinhood is limiting purchases of stocks: AMC, Blackberr...
by colonwqbang on Thursday January 28, 2021 @12:36PM
(#25945391)
> Also, by making trading so easy RH has a responsibility to protect amateur investors from making terrible financial decisions.
I strongly disagree with this. Nobody can know beforehand what is a good investment or not. The omnipresent disclaimer applies: "All investments involve risks, including the possible loss of capital."
The idea that the professionals know something that the rest of us don't, is quite controversial and there are many articles giving evidence to the contrary.
I strongly disagree with this. Nobody can know beforehand what is a good investment or not. The omnipresent disclaimer applies: "All investments involve risks, including the possible loss of capital."
The idea that the professionals know something that the rest of us don't, is quite controversial and there are many articles giving evidence to the contrary.
https://www.researchgate.net/publication/234025489_The_Activ...
This idea is also quite condescending (my own opinion, no references given).