Michael Wursthorn
speaker
1,567 appearances
29 recordings
1 series
first heard Jul 2017
last heard Nov 2021
Michael Wursthorn’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
WSJ Your Money Briefing · Robinhood Is Easy to Use; Does That Make It More Risky? · 21 Aug 2020
podcast
Before that, people were obviously still using computers.
They were relying on just other big infrastructure if they wanted to make trades.
Robinhood made trading from a phone possible, easy, and mainstream, really.
On an app like Robinhood, the interface for trading is very colorful.
You see bright red or bright green for the stock tickers, depending on whether those shares are up or down.
You're getting notifications.
You're getting alerts, depending on if the moves are big enough in the app as well.
Typically, people's first experience with the app is they get a referral from a friend of theirs.
And usually that referral will then lead them through the signup process and they'll get a free share of a stock from Robinhood in this case, but some of the other ones like Webull do the same thing.
What that does though, it's basically a free trial for users.
So they have their first taste of stock ownership, their first taste of investing experience through what seems to be a pretty harmless toe in the water.
So one person I spoke with, she got a free share of Macy's.
She sold it soon after.
But that was one of her first trades.
It really gave her some experience to understand how this works.
And really, when you're trading on the app, it's a pretty seamless function.
So you go from starting the account, getting the free share,
to putting a deposit in, to making that first trade.
It's all glided through very easily.
And to execute, you just swipe up on the screen, a simple swipe up, and your trade's executed.
Showing 241–260 of 1,567 · page 13 of 79
← Previous
Next →