The Compound and Friends

Bloodbath

61 snips
Apr 4, 2025
Steve Quirk, Chief Brokerage Officer at Robinhood, shares his insights on the current retail investor landscape and the dramatic impacts of recent tariff changes on the market. He discusses the volatility affecting tech giants like Meta and Apple, as well as the role of platforms like Robinhood in shaping new trading behaviors among younger investors. The conversation also covers the rise of leveraged ETFs, the essential skills needed for modern investing, and how financial services can engage a tech-savvy clientele.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Humiliating First Trade

  • Josh Brown shares a story about his humiliating first trade experience.
  • His dad's broker laughed at his stock pick, which then cratered.
INSIGHT

Frictionless Trading

  • This generation can experiment with trading without public embarrassment.
  • Removing friction and democratizing access changes the investing landscape.
INSIGHT

Trading Frequency

  • More trading experience can improve trading skills through learning from mistakes.
  • However, overtrading without risk management can be detrimental for investors.
Get the Snipd Podcast app to discover more snips from this episode
Get the app