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Here’s Why Vltava Fund Opted To Sell Williams-Sonoma (WSM)

Vltava Fund, an investment management company, recently released its first-quarter 2025 investor letter.  A copy of the letter can be downloaded here. 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 quarter, markets were both interesting and volatile due...