3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E19: Breaking down Robinhood's GameStop decision: Why did it happen and how can it be prevented in the future?

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

Are You on the Short Side of the Trade?

Tramoth: I think the consequences of this decision by robin hood were really bad, right? And we finally had these sharts on the ropes where they deserved to be. But here's the thing that i think kind of stinks about it, is the point that tramoth is making about who is doing the the execution for robin hood. Those trades are flowing to citadel. Citadel went in and bailed out melvin and citron, and so they're on both sides of this trade. Trades are still happening like crazy, right? All these people are buying game stop calls. They have to go.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode