Buffett、Munger 與 Robinhood：投資民主化還是賭場化

Swensen's pioneering approach to long-term asset management left an indelible mark on endowments and pensions. The worlds of private equity and venture capital no doubt owe a debt of gratitude to his emphasis on alternative investments. ----- 另外一件事是貪婪、恐懼和Robinhood 巴菲特擔心，Robinhood創造一個更迎合賭博的投資平台，讓股票成為賭場的籌碼。 Robinhood還是一如寄望的反擊，那些都是精英的言論，Robinhood本質希望創造一個普羅大眾都能輕易參與投資的平台，而精英們的言論只是阻礙一般人進入這個市場。 "If the last year has taught us anything, it is that people are tired of the Warren Buffetts and Charlie Mungers of the world acting like they are the only oracles of investing," SEC的主席，也認同巴菲特的看法，Gary Gensler is concerned that platforms like Robinhood turn stocks into a game, prompting users to make more trades. Robinhood 最好能聽從來自Oracle of Omaha's advice，"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful." There are many signs that we are living in greedy times." Robinhood would be wise to put its users' financial health first, protecting both a generation of investors and its own self-interest. As Buffett has said, "The most important thing to do if you find yourself in a hole is to stop digging." 另外一件事是，Robinhood要準備IPO了。 羅賓小弟認為，投資應該要能回歸理性和價值創造，而不是讓自己置身在一個超級大賭場中。