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Announced Mon, 13 Jul · 18:00 IST

Quote of the day by Irving Fisher: "The chief evils of speculation flow from the participation of the general public, who lack the special knowledge, and enter the market in a purely gambling spirit"

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AI summary

An opinion piece highlighting an Irving Fisher quote on the risks of speculative trading by uninformed retail participants. It draws lessons on distinguishing investing from gambling, warning against herd mentality, FOMO-driven decisions and leveraged trading, while advocating financial literacy, fundamental analysis and long-term discipline as a more reliable wealth-creation path.