Robinhood Customers Not Really Behind GameStop Craze: Ritholtz

The video discusses Robinhood's business model, highlighting that its real customers are those paying for order flow, not the traders using the platform for free trades. It compares revenue models of brokers like Schwab and Robinhood, explaining how they make money. The video also addresses market dynamics, capital requirements, and regulations affecting brokerages, particularly during the GameStop trading frenzy. Finally, it explores the emotional aspects of trading, focusing on regret minimization and decision-making strategies for investors.

How do traditional brokerages like Schwab and Fidelity differ from Robin Hood?

What is the concept of 'regret minimization' in trading?

What factors should a trader consider when deciding to sell their shares?