
Sign up to save your podcasts
Or


Many people think the stock market is just a big casino for high-stakes gamblers, and that characterization is not wrong for many (maybe even most) of those who interact with the markets. But there are two ways you can participate in the public markets: as an investor or as a speculator. As a business owner or as a gambler. One will net you long term wealth, and the other might net you some short term fun.
By Jared H Bowers, CFAMany people think the stock market is just a big casino for high-stakes gamblers, and that characterization is not wrong for many (maybe even most) of those who interact with the markets. But there are two ways you can participate in the public markets: as an investor or as a speculator. As a business owner or as a gambler. One will net you long term wealth, and the other might net you some short term fun.