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by wyager 3165 days ago
The market isn’t a mechanism to let salarymen invest their retirement money in something. The market is a mechanism to plan and optimize all production and resource allocation across the entire world, all the time. This has to be fast.

If you think options (your example, not mine) are somehow inherently nothing more than gambling, it’s because you don’t understand how options work. Options are one of the least exotic and most straightforwardly useful securities.