5min chapter

Panic with Friends - Howard Lindzon cover image

Jim O’Shaughnessy on Twitter, Navigating the Current Market, and our Artificially Intelligent Future (EP.227)

Panic with Friends - Howard Lindzon

CHAPTER

I Love Physics, Right?

The next Robinhood is not going to be built because no one can get funding for it. We're moving into this thing where we've always done the lip service to, oh, it's a meritocracy. Now we're going into a real meritocracy. What changes is all that stuff. What doesn't change is human nature. That's why markets work as well as they do,. Because they are designed to take advantage of that human nature in a kind of a brutal way.

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