Re:FINRA Orders Record Financial Penalties Against Robinhood
by FabHK on Monday July 05, 2021 @06:34AM
(#27736407)
The casino has negative expected returns (the house always wins). The market has positive expected returns, by and large. Better gamble there.
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Re:FINRA Orders Record Financial Penalties Against Robinhood
by pessimizer on Monday July 05, 2021 @07:34AM
(#27736850)
On the index, yes, but active picking should expect to lose to the market.
Re:FINRA Orders Record Financial Penalties Against Robinhood
by rrdharan on Monday July 05, 2021 @08:38AM
(#27737335)
You can lose relative to the market but still come out positive, maybe even beating inflation. There’s still a lot more room there than the net negative expectation of a casino wager.