stockmarket is a gamble, page-55

actually if you want to find out how much of gamble stocks are read "the black swan" by talib nassim

that guy had a phd in probability and worked as a trader for 18 years

if that doesnt convince you about gambling and stocks nothing will

stocks are actually worse than gambling
at least with gambling like throwing the dice you have probability

but business is no where near like a casino

a casino is a place full of games

the stockmarket is the real deal and a black swan event can occur at anytime

talib stays mainly in cash and bets on high risk deriviatives

last year the fund he was advising made a return of over 50%

they were 90% cash and 10% high risk deriviatives