I think there's an analogy with "purchase fuzzies and utilons separately" here that Levine misses. If you want to be trendy and have a bunch of investment return in the future, it's probably more efficient to buy those two things from separate sources than to try and get both with a single product.
That's true, but he's talking from the company's side. If the target market are those that wouldn't invest at all, then the company could be providing real value overall.
I wouldn't use such a company, of course; but the target demo is not "people who think logically about investments unless they get fuzzies".
His argument is
The fact that its users are still irrational seems irrelevant then, and it's reminding me of the whole &quo...
Another month, another rationality quotes thread. The rules are: