Robinhood Traders Anonymous

Kevin LaBuz
6 min readDec 21, 2020

Alcoholics Anonymous was founded in 1935 to help members achieve sobriety and stay sober. Gamblers Anonymous launched in 1957 with a mission to help compulsive gamblers stop gambling. Robinhood Traders Anonymous could be started by 2025.

Robinhood’s motto — democratize finance for all — is good PR. If you don’t like it, you’re anti-democratic. But perhaps not everything should be democratized. Weapons of mass destruction for instance. Or derivatives.

Where Are All The Customers Yachts?

--

--

Kevin LaBuz

Head of IR & Corporate Development at 1stDibs. Previously finance at Etsy, Indeed, and internet equity research at Deutsche Bank. Find me on Twitter @kjlabuz.