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There's little social utility in allowing "playing"

Posted on: January 27, 2021 at 22:22:30 CT

ScottsdaleTiger MU

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M.O.B. Votes:

Essentially, there's a distinction between investing in a business opportunity and playing the market. The former has social utility. It provides a means for firms to attract needed capital to grow and prosper. Playing the market is not a whole lot different than gambling. What your suggesting is the individual investor can "guess" what the market is going to do by looking at the available information. That short term speculation and one can argue that it has little or not social utility, in fact one can argue that it's a negative to an efficiently functioning market.

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