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Gambling or investing? In America, the line is increasingly blurred – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services
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Gambling or investing? In America, the line is increasingly blurred

Gambling or investing? In America, the line is increasingly blurred

Economists and financiers have compared stockmarkets to gambling since 1936, when Keynes warned of “the capital development of a country becom[ing] a by-product of the activities of a casino”. In 1999 Jack Bogle of Vanguard decried the “Wall Street casino” where only croupiers got rich, and in 2023 Warren Buffett wrote that “markets now exhibit far more casino-like behaviour than…when I was young”.

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