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Meaning, it is investors who have the edge — not the house. Corporations, as a whole, make profits and distribute a portion of their profits to investors in the form of dividends and share buybacks. Stock investors may win or lose in the short run, but they will surely make money in the long run. The real secret to successful investing is to keep our eyes on that long run — to not be distracted by wishes and dreams, and not be excited or upset by short-term price fluctuations. Don’t think about next week — think about the next 30 years. It is hard for investors to think about holding a stock for 10-, 20-, or 30 years, but it is worth trying.

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