Well, first of all, investing has the ability to be a positive-sum game. In other words, when you buy stock, it can be a win-win. If you buy stock in a company, the company receives money today, which it can use to grow, and in exchange, you get equity in a company that grows in value. It’s a potential win-win.

This used to be true until the markets themselves turned into casinos. Where “smart” money uses “dumb” money for exit liquidity

The SEC has done a horrible job regulating the equity markets so many zombies companies exist that should have never be allowed to publicly trade.

Then you get scams like Enron. Trying to take the moral high ground with investing falls short