I would agree with that. I always liked the stock market because it was like gambling with an edge. With information that's already out there, I can figure how many iPhones Apple will make, and how much in revenue they'll make. Look at DRYS for example, they tell the shareholders they're doing dilutive financing, and they'll even be shorting the stock themselves (seriously why is that legal). Those that were lucky enough to find shares to short did well, while those too lazy to read the filings got destroyed. Fortunately their belief in a higher pps allowed shorts to make a killing.