Part 3 – birth certificate assets that teach the power of compound interest

Part 1 (8 June), part 2 (15 June), part 4 (29 June). If you give cash in the form of equity to a new born baby and lock that capital away for a long time, when that person receives the capital they will learn the power of compounding. Wealthy families already do this. What about poor […]

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Part 1 what is NOT democratising Wall Street

There is a lot of the hype around “democratising Wall Street”. In this 4-part series we look at what is needed to really democratize Wall Street and why that is so important. Some subjects are too complex for our short attention spans, so we do 4 posts one week apart, each one short enough not […]

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Never underestimate Bloomberg, but here are 5 reasons why the Gamestonk Terminal is a contender 

I learned to never underestimate Bloomberg in the ‘90s on Wall Street when everybody said open that data feeds would beat a closed terminal like Bloomberg – all were wrong. Then we had a lot of hype about Symphony messaging as a Bloomberg killer. It made sense. Messaging among traders was what kept traders hooked […]

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Part 4: What changes can we expect in future?

Politicians and media are all over this story like a cheap suit. Much change will come from all of this. Here is my rating (high, medium, low) on 8 possible changes: Front running by buying order flow becomes illegal; high. This part of the story is easy to understand and as soon as people understand […]

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Part 3: Shorting can be a valuable price discovery mechanism if done right.

Hedge Fund used to have a precise meaning. Limited Partners (LPs) invested in Hedge Funds who were bearish in order to “hedge” the rest of their portfolio which was long ie bullish. Hedge Funds then later came to simply mean a bunch of very smart people getting paid a lot of fees by LPs to […]

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Part 2: What this reveals about the business model issues of free trading on RobinHood.

When RobinHood first appeared in 2015, DailyFintech wrote RobinHood Freemium could enable a lot of new Low Cost Active Alpha services. We focussed on the free part of the story and guessed at the business model as RobinHood was not being transparent about this. We guessed wrong although now that RobinHood’s business model is in […]

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4-parter on Wall Street Bets vs Hedge Funds. Part 1: Occupy Wall Street gets even.

Some stories are too complex for our 3 minute attention span. For those stories we do 4 parts, one week apart, each a manageable 3 minute type read. Wall Street Bets vs Hedge Funds is one of those stories for sure. Today we start with the populist part of the story, how the Occupy Wall […]

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