Daily Fintech Conversations

Part 2: Most of what is sold as Democratization of Wall Street is one of these 3 lies

Originally published at: Part 2: Most of what is sold as Democratization of Wall Street is one of these 3 lies - Daily Fintech

Before looking at what real democratization of Wall Street could look like, today’s Part 2 looks at how purely profit oriented ventures that dress up the pitch in one of 3 democratization of Wall Street lies. Lie 1 = smaller units access. This pitch typically touts the investment returns of an asset class that requires a…