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Big Tech Wreck As Earnings Disappoint | Weekly Round Up

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The Most Expensive Trading You Could Ever Do

Goldman Sachs used to charge 1% plus 10% of profits that we generate above a blended benchmark. Now they do it for free, but people don't think it's free. They are taking inventory, marking it up or down depending on which way you're trading. And then they're extracting half or three quarters sometimes a point where the old days you paid 50 bucks.

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