Hacker News new | past | comments | ask | show | jobs | submit login

Professional fund managers are struggling more and more to find alpha, do you think it's going to get easier for the newbie retail investors Robinhood attracts?

I look at the individual trading industry like online poker. There are lots of people who lose money playing poker online, yet it is still a huge industry with new suckers joining everyday. People are addicted to gambling even if they have no edge and lose money. It is the same with trading. Just look at the subreddit /r/wallstreetbets.

Just follow the rules that Benjamin Graham set out and invest for the long term and don't speculate - which is what a lot on here think investing is.

Applications are open for YC Winter 2020

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact