"The first Stanley Yelnats, Stanley’s great-grandfather, had made a fortune in the stock market"

Phillippine stock market board
Creative Commons AttributionPhillippine stock market board - Credit: Katrina.Tuliao / Wikimedia Commons
The stock market is a public market where company shares are traded. This can take place on the trading floor, where verbal bids are made, creating something of a loud and chaotic atmosphere, or alternatively in a virtual stock market with bids made electronically. One of the most famous physical stock exchanges is the New York Stock Exchange. Huge amounts of money can be made from buying stocks when they are cheap and selling them when they increase in value. However, there are also huge risks associated with this. That’s why it is sometimes referred to as ‘playing the stock market’.