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And given that these people are willing to invest in lottery tickets, what's the odds that they'll make good stock market investors?
by rdlecler1 9y ago
And given that these people are willing to invest in lottery tickets, what's the odds that they'll make good stock market investors?
- WalterBright 9y agoGiven that monkeys randomly throwing darts seem to do better than professionals, I'd say the odds are very good they'll do better than the lottery. The ROI (Return On Investment) for lottery tickets is negative 53%. https://www.theawl.com/2012/02/how-much-can-you-expect-as-a-return-on-that-2-powerball-ticket/ https://www.theawl.com/2012/02/how-much-can-you-expect-as-a-...