Commission-free retail brokerage and financial services app for stocks, options, and crypto.Yahoo Finance ↗robinhood.com ↗
2 takes · first discussed Nov 16, 2024 · last Oct 10, 2025
Every call, plotted at the price the day they made it.
Jason highlights Robinhood as one of several fintech stocks that surged dramatically post-Trump election and as a successful IPO case study — investors who held through volatility were massively rewarded, suggesting the deregulation thesis is playing out.
Sacks attributes Robinhood's massive stock appreciation — from roughly $2 to a ~$130B market cap — directly to the crypto-friendly policies of the Trump administration, implying the policy tailwind has been the key value driver.
Both Jason and Sacks are medium-conviction bulls on Robinhood, agreeing that the stock has delivered extraordinary gains and that the post-Trump political environment has been a central driver. Jason frames the surge as part of a broader fintech rally — alongside Affirm, PayPal, and Coinbase — fueled by a deregulation thesis, and cites it as a vindication for investors who held through volatility. Sacks is more pointed, attributing Robinhood's rise from roughly $2–$3 per share to a ~$130B market cap almost entirely to the Trump administration's crypto-friendly policies. There is no disagreement between the hosts; both see policy tailwinds as the dominant catalyst, though Jason takes a slightly wider fintech lens while Sacks focuses specifically on crypto regulation.
Jason highlights Robinhood as one of several fintech stocks that surged dramatically post-Trump election and as a successful IPO case study — investors who held through volatility were massively rewarded, suggesting the deregulation thesis is playing out.
Since early August, Affirm, Robinhood, PayPal, Coinbase, all up double or 50%. It's an extraordinary run.”8:36
Sacks attributes Robinhood's massive stock appreciation — from roughly $2 to a ~$130B market cap — directly to the crypto-friendly policies of the Trump administration, implying the policy tailwind has been the key value driver.
what's the reason why your Robinhood stock is through the roof? Because of the crypto policies of the Trump administration. That's why it's gone from, what is it, like $3 to $130 billion?”0:46