storkbroker – The Musings of the Big Red Car https://themusingsofthebigredcar.com 53 years and 204,000 miles of business, CEO, leadership, startup, political, military wisdom Tue, 08 Oct 2019 20:30:30 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.11 When Prices Drop To Zero — Robinhood https://themusingsofthebigredcar.com/when-prices-drop-to-zero-robinhood/?utm_source=rss&utm_medium=rss&utm_campaign=when-prices-drop-to-zero-robinhood Tue, 08 Oct 2019 17:41:48 +0000 https://themusingsofthebigredcar.com/?p=8186 What happens to a business when your service is commoditized such that the price — the market price — is ZERO? This is the problem facing the discount brokerage business today. To refresh your memory:  1. A long, long time ago, being a stockbroker was a great gig. You wore a snazzy suit to work, […]

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