Pakistan, Oct. 11 -- "The stock market is a device for transferring money from the impatient to the patient," says Warren Buffett, truly capturing both its peril and promise. The origins of Western stock markets stretch back to the 17th century. Over time, these markets became the barometers of global capitalism, financing wars, industrial revolutions, and digital booms alike. Therefore, stock markets are not merely instruments of speculation; they are engines of economic development and thus national power indicators. When they operate efficiently, they channel savings and investments into productive enterprise, helping companies expand, governments raise capital transparently, and households build long-term wealth. In a functioning stoc...