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Does gambling have a place in the stock market? Is the popular trading app Robinhood turning Wall Street into one big casino? Are legendary value investors Warren Buffett and Charlie Munger justified in criticizing Robinhood for allegedly encouraging gambling in securities? And what's the difference between gambling and investing anyway? In this thought-provoking episode of Ways & Memes, we discuss these questions and more, challenge conventional wisdom, and reach conclusions that are as unimpeachable as they are provocative. Gear up for a wild ride through the controversies plaguing Robinhood and 21st century stock-trading more generally, and prepare to examine in an objective light issues that only ever seem to be discussed in a biased context.
Does gambling have a place in the stock market? Is the popular trading app Robinhood turning Wall Street into one big casino? Are legendary value investors Warren Buffett and Charlie Munger justified in criticizing Robinhood for allegedly encouraging gambling in securities? And what's the difference between gambling and investing anyway? In this thought-provoking episode of Ways & Memes, we discuss these questions and more, challenge conventional wisdom, and reach conclusions that are as unimpeachable as they are provocative. Gear up for a wild ride through the controversies plaguing Robinhood and 21st century stock-trading more generally, and prepare to examine in an objective light issues that only ever seem to be discussed in a biased context.