3 ms·
Options can indeed be like gambling, but that doesn't mean we should restrict it. It'll just serve to screw over the non-rich just as the "distinguished investo
by 0xy 6y ago
Options can indeed be like gambling, but that doesn't mean we should restrict it. It'll just serve to screw over the non-rich just as the "distinguished investor" rules do.
The system is already structured to favor the wealthy by denying access, restricting it because of some problems only serves to help them.
Additionally, while the gambling house edge might be 1-7% in a casino, stocks are real assets (mostly) representing profitable companies (which on average increase in value over the long term).