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Zero-sum depends on your perspective. Speaking strictly in theory here: a successful speculator creates value in the same way a hunter creates value when he sha
by davidmathers 18y ago
Zero-sum depends on your perspective. Speaking strictly in theory here: a successful speculator creates value in the same way a hunter creates value when he sharpens his spear. By taking decision making power (money) away from people who make wrong decisions he "sharpens" the market and makes it a more useful tool when other people use it to create value.
- davidmathers 18y agoOf course I totally missed the point of the question. It strikes me as just a matter of personal temperament. I, personally, have no interest in jobs that involve going into battle againt other people every day. But if that sounds appealing to you then I think you should go for it, even if probability says you won't succeed. Passion > reason.