retail investor

“What I find so strange, what I find so strange is the people who are, who Say they're trying to democratize finance seem to do such a lousy job of actually trying to protect the people that they say they're democratizing it for.”

“I think it's also about protecting them on the downside, and it's almost impossible to believe that the downside won't come.”

“And that that's really the thing that bothers me most about that movie is this idea that retail investors are dumb money. I find that condescending and offensive. So, you know a lot of people ask me what I think about that movie. It's like the title itself jus…”

“The truth is, depending on how you run a country and a social safety net and a system, if you can't afford the loss, then the loss gets fully socialized.”

“So more than 20% of the IPO allocation went to retail investors, which means, and this is sort of where the negative side of it is, the risks typically borne out by government and venture capitalists are now being Born out by everyday investors”