The different between gambling and investment is that the latter serves a larger economic purpose while the former does not. I agree that in some cases this lin

The different between gambling and investment is that the latter serves a larger economic purpose while the former does not. I agree that in some cases this line might get blurry but I don't think that it's blurry when it comes to, say, playing blackjack in a casino. That is not a poor / risky investment, it's just gambling.