The way I explained stock market to my father - There are a few competent Indian businessmen who value integrity and have a good sense of capital allocation. They are building the businesses for their future generations to run. They and their family hold the majority 50% stake . It's their life's work and reputation.
And we can become their children by buying shares of their business at a fair price and doing all the due diligence.
Then , I say , we don't need to do a thing.