3 ms·
I would argue three. Anyone can get an interest in anything, can't they?
by rootsudo 6y ago
I would argue three. Anyone can get an interest in anything, can't they?
- jacobush 6y agoAn interest in making money, you mean?
- rootsudo 6y agoI had an insurance salesman tell me stories of how farmers/speculators insure crop against loss and how some people buy policies for the explicit expectation of profiting on bad weather years because the policies are quite inexpensive. That's why I argue and can debate #3. I'm not an expect, I don't know how it works, this was a waaaaay ago (2015.) So, you know, my personal anecdote changes perspective and that sort of mindthink.
- simonh 6y agoInsurance isn't actually gambling and the legal frameworks they operate under are very different. They have common features mathematically, but they serve very different economic and commercial purposes.