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Reply to "Robin Hood just ended trading on GameStop and AMC"
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[quote=Anonymous][quote=Anonymous]Sorry if it’s buried here or on the money forum, but regarding the hf losses: whose money is invested and lost? I’m happy for the Reddit folks and believe it’s perfect timing during a pandemic for a redistribution of wealth. I can’t understand those here who think they’ve done something wrong by playing with the same system the hf uses. So what am I missing? Are there middle class hedge investors who are going to lose their homes? Whose money was risked and “destroyed?” [/quote] You are missing that the main transfer of wealth will be between the people who get out early, and the people who get in late. [/quote]
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