Re: A casino, not an investment vehicle
Yes because one stock moving against you a bad portfolio makes... The good news is you can ignore equity investments and make loads of money in a savings account. Oh wait what's that, interest rates are below inflation in many contries and that's before the likely fiat devaluations? Erm, well it must be much less of a gamble to just buy gold or something?
There will always be risks with investments, try not to jump on the me too IPOs like this one and diversify and you'll be fine. Also don't sell low/buy high, if you can't bare to see your current price, don't look. Plan ahead, enough liquid assets to cover you in the down periods etc etc. The world isn't out to get you, you're just doing it to yourself. Just sayin.