[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Hamid [@hamids](/creator/twitter/hamids) on x 21.7K followers Created: 2025-02-04 16:17:33 UTC Loving Robinhood for a bunch of reasons, but I’m also trimming my $HOOD position. Here’s the scoop: • I LOVE Robinhood’s execution on new financial products and services over the last few years. They continually innovative new features, release new products and give great incentives for people to switch from traditional investment firms. • Practically everyone I know who has an investment account has a Robinhood account (even if they have an investment account elsewhere). And they add money to their Robinhood account faster than anywhere else. • You all know I love founder-led companies and Robinhood is no exception. @vladtenev is a great founder who is focused, battle tested (with all the mistakes Robinhood made, and corrected, with the $GME fiasco) and continues to steer the ship on a dime. Founder-led companies are great at staying focused on what's important long-term rather than short-term propping of the stock. • Despite all its growth, the company is still only valued at ~$45 Billion market cap. For the pace of growth that Robinhood has had, and the enormous size of the financial sector, this still gives them A LOT of room to grow. I could easily see them being 10x their current size in less than XX years. So you might be asking, why am I trimming my position rather than doubling down? There are a couple of reasons for that… First, because of the enormous success Robinhood has had, it has grown to over XX% of my portfolio. Going beyond XX% makes it too high risk for a single-stock in my portfolio. For me, taking some profits and de-risking is an important balancing act. But also the most recent developments where Robinhood is getting into the Gambling business is not settling well for me. If Robinhood doubles-down on the gambling business, I will slowly sell out of my position over time. I strongly believe that gambling (where the majority of gamblers LOSE money) and investing (where the majority of investors MAKE money) should not be on the same platform. For a full discussion of my reasons why, watch the video:  XXXXXX engagements  **Related Topics** [hood](/topic/hood) [investment](/topic/investment) [scoop](/topic/scoop) [$hood](/topic/$hood) [stocks technology](/topic/stocks-technology) [$issc](/topic/$issc) [Post Link](https://x.com/hamids/status/1886811341870022758)
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Hamid @hamids on x 21.7K followers
Created: 2025-02-04 16:17:33 UTC
Loving Robinhood for a bunch of reasons, but I’m also trimming my $HOOD position. Here’s the scoop:
• I LOVE Robinhood’s execution on new financial products and services over the last few years. They continually innovative new features, release new products and give great incentives for people to switch from traditional investment firms.
• Practically everyone I know who has an investment account has a Robinhood account (even if they have an investment account elsewhere). And they add money to their Robinhood account faster than anywhere else.
• You all know I love founder-led companies and Robinhood is no exception. @vladtenev is a great founder who is focused, battle tested (with all the mistakes Robinhood made, and corrected, with the $GME fiasco) and continues to steer the ship on a dime. Founder-led companies are great at staying focused on what's important long-term rather than short-term propping of the stock.
• Despite all its growth, the company is still only valued at ~$45 Billion market cap. For the pace of growth that Robinhood has had, and the enormous size of the financial sector, this still gives them A LOT of room to grow. I could easily see them being 10x their current size in less than XX years.
So you might be asking, why am I trimming my position rather than doubling down?
There are a couple of reasons for that…
First, because of the enormous success Robinhood has had, it has grown to over XX% of my portfolio. Going beyond XX% makes it too high risk for a single-stock in my portfolio. For me, taking some profits and de-risking is an important balancing act.
But also the most recent developments where Robinhood is getting into the Gambling business is not settling well for me. If Robinhood doubles-down on the gambling business, I will slowly sell out of my position over time. I strongly believe that gambling (where the majority of gamblers LOSE money) and investing (where the majority of investors MAKE money) should not be on the same platform.
For a full discussion of my reasons why, watch the video:
XXXXXX engagements
Related Topics hood investment scoop $hood stocks technology $issc