“For most part, the show is actually ok. It’s like Choose FI in the early days - very basic. But with that, there is tremendous misinformation. When he sticks to interviews, it’s pretty solid. But when he delves off, the inexperience is very clear. For example, in his latest podcast, he goes off on RobinHood for shutting down. He falsely claims that none of the other platforms this (Schwab TD Ameritrade and Webull also shut down). A little bit of research would have shown him that regulators had to put a hold on trading because of the volume needed to settle - like all the other platforms. I’m unsure he also knows that there was a RobinHood trader who committed suicide and RobinHood came under fire for not putting guardrails in place. I’m not a RobinHood fan either - their multiple app outages and their lack of recognition of the danger of their platform and buying on margin when that young man committed suicide made me a so called RobinHood hater. But if you are going to be one, it has to be based on fact, and not random opinion and conjecture. Unfortunately, his words have power, and I’m unsure he recognizes the extent of this, in which case I hope he learns from this and grows. But if he does recognize his power and did this anyway - what he did was gross negligence, and did a great disservice to his listeners.”
Dodgebruce via Apple Podcasts ·
United States of America ·
01/30/21