The Capital View - Q4 2025 - The Attention Tax

The Capital View - Q4 2025 - The Attention Tax

January 22, 2026 · 16 min

About this episode

The episode discusses the chaotic environment of retail trading during Q4 2025, highlighting the challenges faced by traders and the impact of technology on trading practices.

The desk phones never stopped ringing. They wedged our four-foot cubicles into a repurposed JCPenney at South Roads Mall in Bellevue. The website was down again, overwhelmed by a flood of newly empowered retail traders. When the screens froze, they reached for landlines, desperate to place orders. “I want to buy 100 shares of XYZ,” one caller said. “I can’t find that ticker. What’s the company name?” “I don’t know,” he replied. “It’s an internet stock my friend told me about.”....

People in this episode

Host: Travis Portwood

Topics covered

Keywords

Mentioned in this episode

Organizations: JCPenney

Products: XYZ

Places: South Roads Mall, Bellevue

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