Day Traders

“Those studies, a lot of them are from the nineties or earlier. And you see the dominant factor being commissions. It's like, oh, they're trading a lot. And so the commissions are eating up like nearly all of the returns. And now, you know, we remove commission…”

“The traders like to think that they're providing liquidity, like some great service, but, you know, it's, you're doing nothing. You're shuffling some numbers from one computer to another.”