Getting back to the markets - when most people buy stock they are gambling. That’s gambling… like with the lottery. Not investing.

This is best seen by looking at the P/E ratios. It’s very old fashion of me to stress P/E ratios. Because new-fangled investment schemes are built to sell gambling, not investing.

Gambling with stocks is simply this: you’re betting you are buying or selling (or in the futures market also selling then buying) at a time where you are going to outsmart the next guy who comes along. This is poker, but with stock certs instead of French playing cards.