Robinhood’s core philosophy has always been giving everyday users access to the same tools, such as options trading, as their institutional counterparts. Tenev argues that walling off such products to accredited investors contributes to the wealth gap. Robinhood’s mileage on this ethos has varied, with the platform only rebounding from the reputational hit of the 2021 GameStop debacle in recent years. But Tenev continues to double down on expanding the investment suite on his brokerage platform. That includes a recent foray into prediction markets—the new oracle of truth and hedging, or a new way to lose money on parlay bets, depending on who you’re asking.
so I’ve linked the non-HTTPS version.
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