The Crash of ’87, from the Wall Street Players Who Lived It

Re:The Crash of ’87, from the Wall Street Players Who Lived It by lostboys67 on Tuesday October 17, 2017 @06:26AM (#15489856)

I am not sure what you mean by "gambling" in relation to stockmarkets.

Third parties offer services like spreads CDO's and binary bets (which actually are gambling).

Stock markets act as a market i.e. introducing investors to companies that need capital for example my latest buy was an American Investment trust Tetragon with out a stock market how would I be able to invest in them ?

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by lbotos on Tuesday October 17, 2017 @11:26AM (#15491711)

I think it's the layman's "gambling":

If I buy APPL today at X, I hope in 3 days it will be Y so I can sell. That's a gamble.

You can use all forms of analysis and assessment to give you more confidence in the gamble, but it's absolutely a gamble.

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Re:The Crash of ’87, from the Wall Street Players Who Lived It by lostboys67 on Tuesday October 17, 2017 @11:39AM (#15491840)

Gambling implies a truly random outcome which is why Poker is a game of skill as is arguably horse racing :-)

If you can identify an temporary overhang on a particular share you can make money as the discount narrows as I have done with Witan I also made a lot on Electra private equity as it was targeted by an activist investor and they realised some of their PE investments

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