Flash Boys: A Wall Street Revolt by Michael Lewis painted HFT in a pretty bad way. I have read criticisms of the book, but it's hard to separate out bias from the criticism.
There's also all the heat on Robinhood about selling order flow, which I'm surprised was even news to regular investors. It's great they eliminated fees for normal trades, and I also understand most major brokerages sell order flow as well (and still charged for trades for a long time). I read that Fidelity is the only major player that doesn't sell order flow.
Do you have some sources that someone could learn more about this, ones that don't have a vested interest in painting it in a positive way?
Also, I'm still wondering, considering dark pools [1], and the inside information that would come along with that, since those trades wouldn't hit public markets, how the stock markets can be considered a fair place to trade?
[1] https://www.investopedia.com/articles/markets/050614/introdu...
I highly recommend this book though if your into this topic
The parents, who are often the ones paying at these big universities, want this. They want their newly adult children to be treated like, and cared for as, actual children for as long as they can manage.
This attitude is due to deeply rooted issues with the way American adults view their children, and the way they view our society as inherently dangerous. The result is that we have people in their mid-20's and even 30's who are genuinely incapable of managing their own lives or thinking for themselves. And I don't just mean the ones who moved back in with Mom and Dad at 28. They are an extreme, though not uncommon, example.