Alex Mayyasi
👤 SpeakerAppearances Over Time
Podcast Appearances
Take the other side of your trades because they think you are going to make bad trades.
So they are willing to take the other side of your trades and your bets.
And that is why you are able to buy and sell for free.
That is largely the reason why it is frictionless, free to buy and sell stocks as an individual average person nowadays.
It's because lots of people on Wall Street see you as dumb money and they want to take the other side of your trades because they think they will make money off of you.
In the same way that you're talking about, like the house always wins.
Thank you so much for your time.
I appreciate your questions and talking about this.