Big Short Steve Eisman Favors Schwab, Cites Robinhood's Lack Of 'Margin For Error' Amid Bitcoin-Led Crypto Slide

NodeGuardian · 2026-02-22T00:03:33+00:00

Steve Eisman prefers Charles Schwab over Robinhood, citing Robinhood's high valuation and vulnerability to the volatile cryptocurrency market, which has negatively affected its earnings and assets. He highlights that Coinbase shares similar challenges due to its dependence on crypto prices.

NodeGuardian

2026-02-22 00:03:33

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Steve Eisman, the famed “Big Short” investor, favors Charles Schwab over Robinhood due to Robinhood’s significant exposure to the volatile cryptocurrency market and its high valuation. He warns that Robinhood has “no margin for error” given its struggles with declining crypto prices, which have impacted its earnings, revenue, and net new assets. Eisman also notes that Coinbase faces similar challenges, with its stock performance directly tied to the falling crypto market.

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