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Is Wall Street Just another Las Vegas?

“Wall Street is a gambling house peopled with dealers, croupiers and touts on one side, and with winners and suckers on the other.”
–Nicholas Darvas, “Wall Street: The Other Las Vegas”

I am in Las Vegas for FreedomFest, “the world’s largest gathering of free minds.” Among our hundred-plus speakers and several thousand attendees are wealthy investors and top-performing money managers and investment writers, including Donald Smith, Alexander Green, Peter Schiff, Bert Dohmen, Chris Versace, David Norcom, Jack Reed and Adrian Day.

Members of the media often portray investing in the stock market as a gamble, like playing roulette, blackjack or poker in Las Vegas. While there are some similarities — top investors are often good poker players — there are plenty of differences.

Read more about how Wall Street compares to Las Vegas at Eagle Daily Investor.

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Members of the media often portray investing in the stock market as a gamble, like playing roulette, blackjack or poker in Las Vegas. While there are some similarities, there are plenty of differences.

archive

Is Wall Street Just another Las Vegas?

Members of the media often portray investing in the stock market as a gamble, like playing roulette, blackjack or poker in Las Vegas. While there are some similarities, there are plenty of differences.

??Wall Street is a gambling house peopled with dealers, croupiers and touts on one side, and with winners and suckers on the other.?
–Nicholas Darvas, ??Wall Street: The Other Las Vegas?

I am in Las Vegas for FreedomFest, ??the world??s largest gathering of free minds.? Among our hundred-plus speakers and several thousand attendees are wealthy investors and top-performing money managers and investment writers, including Donald Smith, Alexander Green, Peter Schiff, Bert Dohmen, Chris Versace, David Norcom, Jack Reed and Adrian Day.

Members of the media often portray investing in the stock market as a gamble, like playing roulette, blackjack or poker in Las Vegas. While there are some similarities — top investors are often good poker players — there are plenty of differences.

Read more about how Wall Street compares to Las Vegas at Eagle Daily Investor.

Newsletter Signup.

Sign up to the Human Events newsletter

Written By

Mark Skousen is a college professor, prolific author and world-renowned speaker. He??s made his unique sense of market and investment trends known and respected in the financial world. With a Ph.D. in economics and a focus on the principles of free-market capitalism and ??Austrian? economics, Mark Skousen has often gone contrary to the crowd in his investment choices and economic predictions ?? and has often been proved right.

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Twitter free speech activist Lindsay Shepherd Twitter free speech activist Lindsay Shepherd

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