Robinhood, on the other hand, gives people control... maybe too much control. And so far, people are loving it. Robinhood has added 3 million accounts since the beginning of COVID, and those accounts are trading frequently.

Everyone’s software is good enough. Software used to be the weapon, now it’s just a tool.

In a world of scarcity, we treasure tools. In a world of abundance, we treasure taste. The barriers to entry are low, competition is fierce, and so much of the focus has shifted — from tech to distribution, and now, to something else too: taste. [2]

Taste is

... See more

We are now entering an age of the “Ideological Investor”—an allocator of capital in a world where markets are refracted through geopolitics, technology, and culture, and the stakes could not be higher for retail investors to take note. To navigate this new era, I propose the consideration of three ideological pillars that define investment risk and... See more