3 ms·
Stocks have positive expected returns (and if they don't in aggregate the gov't/fed will work overtime to make sure they do) and gambling has negative expected
by fullshark 6y ago
Stocks have positive expected returns (and if they don't in aggregate the gov't/fed will work overtime to make sure they do) and gambling has negative expected returns. Perhaps society should be encouraging the proles to put their money in the stock market instead of in casinos / lottery tickets / daily fantasy sports.
Also looking at the stock market the last year, a product that makes it easier for retail investors to buy stock after the pandemic hit is a big win for those investors is it not? The order flow issues don't really matter to most retail investors and they shouldn't.