Robinhood, three friends and the fortune that got away | Curio
News and insights read out for you.
10,000+ audio articles. 50+ world-leading publications.

All in 1 subscription.

The Wall Street Journal logo

Robinhood, three friends and the fortune that got away

15 mins | May 6, 2021
story image
The hidden dangers of the trading app. Three friends in California fell into online trading and emboldened by dreams, early wins and a circle of online cohorts, it seemed like they couldn’t lose. In this insight into the troubling side of investing-made-easy software, Rachel Louise Ensign explores how comradery, margin loans and the addictive video-game-like thrill of Robinhood made them unaware of the looming debt that was only a bad bet away.
Get unlimited access free for 7 days, then $6.67/month (billed annually)
Get started