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by glimshe 4 hours ago
Gambling has always been a mechanism for transferring money from the poor to the rich. Platforms like Robin Hood just finished transforming the entirety of the stock market into a casino that preys on the poor (oh the irony about the company's name).

True investing, which in theory could be done even with Robin Hood, is boring and incompatible with gamification. Warren Buffett famously said that the reason people don't often become rich with stocks is because nobody wants to get rich slowly.