A few weeks ago, Berkshire Hathaway’s Charlie Munger had very harsh words to throw against Robinhood, a powerhouse of what is now called the gamification of trading. “It’s most egregious in the momentum trading by novice investors lured in by new types of brokerage operation like Robinhood and I think all of this activity is regrettable”, said Mr. Munger at the Los Angeles-based Daily Journal annual shareholders meeting. “No one should believe Robinhood trades are free […] The frenzy is fed by people who are getting commissions and other revenues out of this new bunch of gamblers […] There are threats of ... (full story)