Jews and the Stock Market

Jewish ethics of stock-market investment and speculative activity

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Likewise, our sages were concerned that one particular kind of speculation--namely, betting on disaster--may sometimes have a negative effect on the solidarity of our society.

Most kinds of speculation are not regulated by Jewish law and are considered perfectly acceptable. However, each individual speculator should occasionally make sure that he has not created a situation where he is "betting against the home team" and subtly alienating himself from the community.

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Rabbi Asher Meir

Asher Meir received his Ph.D. in economics from MIT, and received his rabbinic ordination from the Israeli Chief Rabbinate after 12 years of study at Israeli Rabbinic Institutions.