Everyday Investors Believe Wall Street is Rigged: How One Man Plans to Change the System

The Occupy Wall Street movement wasn’t the first time economic inequality made the news. But it did call more attention to the disparities in the financial system. The Occupy movement also highlighted how the structure of that system is set up to benefit those who run it. Even though more people make up the 99% or “Main Street,” it’s the 1% who continue to pull ahead.
Delphia, an investment startup founded in 2018, wants to change that system. Through its investment model, which is based on an algorithm that gets smarter the more data it consumes, Delphia hopes to make the stock market work for the everyday investor.
      Delphia’s goal, says CEO Andrew Peek, is to change the system so it can work for everyone.

“To change the system so it can work for everyone” is a statement that may sound overly idealistic and too much like the lofty goal that Occupy Wall Street wasn’t able to fully realize. But Delphia is betting on the combined power of its AI-driven algorithm and the voluntar…

Written By: Deanna Ritchie

Original Article: https://readwrite.com/2021/10/26/everyday-investors-believe-wall-street-is-rigged-change-the-system/

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