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The Evolution of Retail Trading and the Influence of Robinhood
This chapter explores the success factors of Robinhood in eliminating trading fees and democratizing trading, impacting the rise of meme stocks and the influence of prominent figures like Elon Musk and Richard Branson. It discusses the evolution of retail trading, from meme stocks to traditional investing strategies, and the lasting impact retail traders have had on Wall Street through substantial price increases and losses for hedge funds.