For those looking at how times have changed between GameStop and pre-1929 markets - here is a link to yesterdays discussion. Bottom line - market infrastructures are totally different, but one thing never changes - human nature https://www.bloomberg.com/news/articles/2021-03-24/-reminiscences-of-a-stock-operator-toplive-transcript?sref=d1HExRZd …https://twitter.com/johnauthers/status/1374733062597136384 …
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Replying to @ltabb
John Handel Retweeted John Handel
I’m not sure I totally agree! For one, there are more continuities in the history of market structure than we might expect. And as a historian, I must vigorously object to the ahistorical description of human nature! “Human nature” is always a product of historical structureshttps://twitter.com/_John_Handel/status/1340666372100112385 …
John Handel added,
John Handel @_John_HandelSomewhat similarly to Robinhood, this presented a problem. You couldn't simply take your small order for 5 shares to a real broker at the London Stock Exchange and ask him to execute it for you. Even if the legit broker took your business, you'd be ruined by commission costsShow this thread3 replies 0 retweets 2 likes
Replying to @_John_Handel @ltabb
“Human nature is always a product of historical structures” sheeeeesh its too early to blow my mind today John!
5:57 AM - 25 Mar 2021
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