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RE: LeoThread 2025-08-07 18:05

in LeoFinance2 months ago

Not exactly relevant today. That was when Jesse Livermore was trading on the Bucket Shops which operated more like a prediction market. The Bucket Shop operator was like the bookie offer people bets on different stocks with massive leverage. Clients of the Bucket Shops never actually purchased shares of companies. The quote is accurate for a bookie type market where the casino always wins.