This is really broad stroke. Everything we do is a gamble. Investment firms work for their clients if they didn't they wouldn't last very long. Contrary to what

This is really broad stroke. Everything we do is a gamble. Investment firms work for their clients if they didn't they wouldn't last very long. Contrary to what most people think they play a important roles. For example spending time with firms to decide if they are worth investing in. Capitol allocation is really important. It allows someone like me to delegate investment choices for my pension. This funds things new medicine development, new technology etc. Sure there are things like high frequency trading. But taken as a whole I know who'd I prefer to give my money to to invest: people with something to lose if it doesn't work out. I'm not sure how else to allocate capitol with out totally eroding personal choice.