Ryan NisbetOperations, Delphi · Operations at Delphi

Robinhood Investor: Why Most Fast Decisions Are Wrong

7 May 2026 · 1 min

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In this monologue, the speaker reflects on the pitfalls of making rapid, market‑driven decisions in startup investing, arguing that such fast choices are usually wrong. He emphasizes a long‑term, compounding mindset, warning against the FOMO induced by headlines about fast‑growing companies and large fundraising rounds. The core claim is that the bulk of a company’s value is generated in the later years of its lifecycle, a pattern the speaker believes will persist even in the AI era. He illustrates this with Robinhood’s trajectory: roughly $9 billion of enterprise value was created over the first nine years, but in the subsequent 2.5 years the company added about $100 billion, showing that most value creation occurs in the outer compounding years. The speaker uses this example to reinforce the importance of patience and long‑term orientation for investors.

Chapters

Yeah, we have made fast decisions, and most of the time they were the wrong ones. And so, despite the market pushing me there, I kind of remain steadfast in reminding myself that this business is a very long-term oriented business. You guys might all feel this as well. I feel this, like when you read Twitter, you get FOMO that the world's moving so fast, and this person's raising this much, and this person's raising this much money, and I always remind myself that like, that shit doesn't matter. And if you look at the vast majority of company history, which I still think will be true in the AI era, the vast majority of value creation happens in the outer years of compounding. Like Robinhood's a really good example. We created technically $9 billion in enterprise value in roughly 9 years, or as marked by VCs, but $9 billion. In the next 2.5 years, we went from $9 billion to $110 billion. $100 billion of value roughly created in the last 2.5 years.