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Everything can be said to be "sophisticated gambling." Nothing is certain, and only those who don't understand finance believe that any financial instrument wha
by saasyguy 11y ago
Everything can be said to be "sophisticated gambling." Nothing is certain, and only those who don't understand finance believe that any financial instrument whatsoever is a certainty. And even outside finance: the job you took isn't certain, nor is the car you bought or the marriage you entered into. Finance has its problems but the gambling aspect isn't the root of it.
- chillwaves 11y agoThe difference is whether you are the house or you are getting screwed by the house. My guess, most people are not the house.
- caminante 11y agoExcept your "house" is undergoing layoffs. It's not hard to manipulate markets. It IS hard to manipulate markets and make a profit!