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Do Valuations Matter? (EP.320)

Animal Spirits Podcast

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The Long Term Trend of G of Gma

transaction based revenue at robinhood was 193 million dollars down 7% year for year you know what the margin rate is on robinhood if you wanted to borrow right now 6% it's like eight and a half percent they sent me. This is one of the things that um one of my rules for personal finance this is spent this should be your 21st okay actually it's not a rule take it back it's just an observation people generally have so much cash in their portfolio at all times i'm gonna i'm gonna  i'm gonna say like i think i think i've seen numbers in the past from brokerages it's like 20% of portfolios are in cash or something

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