Fuller & Thaler Asset Management's Giovinazzo on Robinhood IPO

The video discusses the Robinhood IPO, highlighting reasons to skip it based on investment philosophy, which focuses on insider trading patterns. It examines the role of retail investors in IPOs and the potential underperformance post-IPO. Concerns about Robinhood's business model, particularly its reliance on options and cryptocurrency trading, are raised. The video also explores behavioral finance trends and regulatory issues, especially payment for order flow, which could impact Robinhood's future.

What is the significance of the 'one day pop' in IPOs according to the text?

What are the two main concerns about Robinhood's business model mentioned?

How does the speaker view the long-term sustainability of interest in stocks?