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So it has become a casino, people are not investing, people are betting.

• JumpCrisscross 6y ago
  > people are not investing, people are betting These are two different ways of expressing the same thing. (Gambling versus investing, on the other hand, are different. But a “bet” can be utilitarian, i.e. not entered into for fun.)
• david-gpu 6y ago
  A casino bet has negative expected returns, while a long position in the stock market has positive expected returns.