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Friday, Feb 26, 2021

El-Erian: Robinhood is a reminder that 'you have no friends on Wall Street'

Robinhood's restrictions on trading for retail investors during the GameStop frenzy have stirred up a firestorm of controversy. Mohamed El-Erian, Chief Economic Adviser at Allianz, tells CNN Business' Alison Kosik what the future of trading will look like after Reddit's rally around $GME.
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Quote of the Day

It doesn’t matter how many times you fail. It doesn’t matter how many times you almost get it right. No one is going to know or care about your failures, and neither should you. All you have to do is learn from them and those around you because all that matters in business is that you get it right once. Then everyone can tell you how lucky you are.

Mark Cuban
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