CNBCさんのインスタグラム写真 - (CNBCInstagram)「“It’s a dirty way of making money.”⁠ ⁠ Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, issued a dire warning on the manic momentum-driven trading activity by amateur investors and said commission-free trading apps like Robinhood were partly to blame for the bubble.⁠ ⁠ The 97-year-old investor said retail traders are being enticed by brokerage apps touting free trading. Robinhood has been accused by critics of gamifying investing through its app. It and other online brokerage firms rely on a controversial practice called payment for order flow as their profit engine in lieu of commissions. These brokers receive payments from market makers like Virtu and Citadel Securities for routing trades to them.⁠ ⁠ “The frenzy is fed by people who are getting commissions and other revenues out of this new bunch of gamblers," Munger said.⁠ ⁠ Link in bio.」2月25日 7時01分