When speaking on a radio broadcast in 1939, Winston Churchill made the following comment about Russia and its national interests:
"I cannot forecast to you the action of Russia. It is a riddle, wrapped in a mystery, inside an enigma..."
When I talk to people about investing--especially in the stock market--I get the same kind of vibe. The stock market feels so complex, puzzling, and unpredictable, that the lack of understanding fosters a distrust of it, and lack of willingness to participate.