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E22: Reflecting on the Robinhood situation with Bestie Guestie Vlad Tenev
All-In with Chamath, Jason, Sacks & Friedberg
Using Margin as a Line of Credit
A margin is not suitable for everyonea i'll admit that. You also have to be a robin hood gold customer, which means you have to sign up and pay five dollars a month. Most brokers don't gate margin behind a premium offering. So we're already a little bit more restrictive on that front. But let me tell you a use case for margin that i actu think is quite powerful. If you build a large portfolio, you can actually use margin as a line of credit.
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