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Are you a Speculator or an Investor?
Manage episode 468557364 series 3615615
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In his 2024 annual letter to shareholders, Warren Buffett warned that today's stock market increasingly resembles gambling, with Wall Street profiting while everyday investors chase quick wins through trading apps. As Larry and Darren point out, this creates a big problem... A new type of addict is showing up at Gamblers Anonymous meetings across the country: investors hooked on the market’s riskiest trades.
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