Intro | 2min snip from Money For the Rest of Us

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How Retail Traders Lose Big While Enriching Wall Street

Money For the Rest of Us

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CHAPTER

Intro

Exploring the shift towards stock investments among Americans of different generations, analyzing its potential risks and implications for the stock market's stability.

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Gambling in the stock market is increasing, with most traders losing money while generating billions of dollars per year for brokerages and wholesalers. Will all this trading lead to big market swoons?

Topics covered include:

Why sports gambling has grown so much
How gambling in the stock market is measured, and how prevalent is it
Why most traders lose money but continue to trade anyway
How uninformed traders improve market liquidity and encourage trading by informed trading
Why being an asset allocator is more rewarding and as intellectually stimulating as trading

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Show Notes

How Stocks Became the Game That Record Numbers of Americans Are Playing by Claire Ballentine—Bloomberg

MURPHY, GOVERNOR OF NEW JERSEY, ET AL. v. NATIONAL COLLEGIATE ATHLETIC ASSN. ET AL. SYLLABUS—The Supreme Court of The United States

America's Sports Betting Boom by Felix Richter—Statista