Conned Out of Money On the Stock Market

If you lost money speculating on the stock market, that money did not evaporate. A clever speculator you will never meet skunked you out of it. If you made money, you did it my outsmarting some less sophisticated investor, perhaps a grandmother foolishly putting her life savings into the stock market. Speculation is just a slightly more respectable form of gambling. It is a con game where the experienced players fleece the novices. Why would you even want to make money that way? You are conning others out of their savings in the same way a pool shark or card shark cons marks. Any technique for making money without effort is a way of conning others to give you money and giving them no value in return. It is a form of theft even if it is legal.

~ Roedy (1948-02-04 age:70)