I’m actually in favor of the astrology stocks app: investors tend to be bad market timers, and maybe giving them an irrational reason to own stocks will prevent them from selling for semi-rational reasons. https://twitter.com/zslayback/status/1186387166924038151 …
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Plausibly the only social purpose for retail brokerages is improving customers' household portfolio allocation away from cash/real estate into literally anything more sophisticated than that, principally via marketing.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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A metaphor I like here, due I think to
@rbeard0330: it's a big casino, but the house edge is negative.Thanks. Twitter will use this to make your timeline better. UndoUndo
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