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E20: Robinhood wrap up, Insiders vs. Outsiders, California's failing report card & how to fix it
All-In with Chamath, Jason, Sacks & Friedberg
Payment for Order Flow Is Not So Bad for Options, Right?
We need to figure out how we can actually deal with those systemic issues up stream, and then we need to have better closure down stream. So that consumers could choose, hey, listen, if you want meo p f, o f, by the way, as i've learned in the last couple of days, payment for order flow is actually not necessarily such a bad thing in certain cases. But that's not always true for options. I think it's somewhat more true for stocks. There are some parts of the economy where you cannot distinguish meno, bad operational capability and black swan events. And so as a result, just the amount of risk management and compliance is so high
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