3 ms·
I always thought of the stock market as a form of gambling, and this quote hints at that: "a list of advantages of active management, which essentially boiled
by GFischer 16y ago
I always thought of the stock market as a form of gambling, and this quote hints at that:
"a list of advantages of active management, which essentially boiled down to the fact that it’s more fun"
also:
"There is an innate cultural imperative in this country to beat the odds"
and the stock market is viewed as better than casinos for this kind of gambling.