Charlie Munger Says the Robinhood Trading App Is Justly ‘Unraveling' for ‘Disgusting' Practices

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Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now “unraveling.”

"It's so easy to overdo a good idea. ... Look what happened to Robinhood from its peak to its trough. Wasn't that pretty obvious that something like that was going to happen?" Munger said at Berkshire Hathaway's annual shareholder meeting Saturday.

Munger lambasted what he characterized as Robinhood's"short-term gambling and big commissions and hidden kickbacks and so on."Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for

 

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Another failed startup

People often forget this but RobinhoodApp is a reason we pay $0 for our trades. Thank you vladtenev.

Isn’t that the guy who is basically a walking skeleton?

stoolpresidente should be your new partner in crime CharlieMunger00

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