Robinhood Customers Not Really Behind GameStop Craze: Ritholtz
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Business
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University
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Hard
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who are considered the real customers of Robin Hood?
The general public
The people paying for order flow
The traders using the platform
The investors in GameStop
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary way Schwab generates revenue?
Offering premium accounts
Selling user data
Making money on the float
Charging high trading fees
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was a major challenge for Robin Hood during the GameStop trading frenzy?
Lack of sufficient capital
Technical glitches in the app
High trading fees
User dissatisfaction
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What financial support did Robin Hood secure to handle the trading surge?
Investment from private equity firms
A billion-dollar line of credit from JP Morgan and Goldman Sachs
A government bailout
A loan from the Federal Reserve
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the concept of regret minimization in trading?
Maximizing profits at all costs
Avoiding decisions that lead to future regret
Investing in only safe stocks
Following market trends blindly
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How should traders approach life-changing financial decisions according to the concept of regret minimization?
By considering the long-term impact on their life satisfaction
By taking maximum risks
By consulting financial advisors only
By ignoring emotional factors
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What emotional aspect is crucial in trading decisions as per the regret minimization concept?
Excitement of trading
Minimizing future regret
Joy of winning
Fear of missing out
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