Stephen Sikes on the Rise of Free-Trading Apps
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Business
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University
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Hard
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The video discusses the competitive and rapidly growing brokerage industry, focusing on Public's unique approach to aligning with retail investors' long-term interests. It highlights Public's growth strategy, avoiding risky trading practices, and the introduction of cryptocurrency trading. The discussion covers market trends, competition with established brokerages, and the sustainability of the retail investing boom. Regulatory impacts, revenue models, and investor protection are also explored, emphasizing the importance of education and community in fostering better investment outcomes.
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