Vltava Fund, an investment management company, recently released its first-quarter 2025 investor letter. The letter contemplated whether the stock market is a casino. The author emphasized that the stock market is not a casino, and investors must not treat it as such to achieve better returns. The trend shows that a growing number of people have recently started to view stock market trading as gambling. However, the firm believes that stocks are the best long-term investment. In the first...
Vltava Fund’s Q1 2025 Investor Letter
