4 ms·

Don't be fooled, the stock market has always been a legal gambling platform. Investing is a form of gambling with hopefully better odds.

• yohann305 8y ago
  totally agree. I may add that with the emergence of super computers and data mining, the dice has never been more piped in favor of big companies than ever.
  • ianai 8y ago
    I don’t understand how someone could overlook that the stock markets are all gambling.
    • walshemj 8y ago
      And what do you base this "challenging "assertion on? Its not gambling to take advantage of special situations eg the overhang on WTAN 18 moths ago where its discount was artificially high. If you had said binary bets are gambling but I would agree with you. Maybe this what the 1% want you to think ?
    • cmurf 8y ago
      The metaphor is completely specious. Every game in gambling is either you win or you lose, it's completely binary. And you own nothing. Stocks, you own a part of a business, and there's effectively no chance it goes to $0 value on a single "hand". Maybe you could lose 30% on a bad day, as an on paper "loss", but you hold it or buy more, and in the long run you will end up ahead. The odds are biased in your favor with stocks, they are biased against you with gambling. And the stock market offers the option to reduce volatility through diversification. You have no such option with gambling. Only rather superficially, if you're randomly choosing stocks, randomly buying and selling them, then maybe on the surface they both seem like they have similar odds. But they really don't.