3 ms·
the point is most gamblers aren't
by JacobSuperslav 6y ago
the point is most gamblers aren't
- chrisgd 6y agoThere is no way to prove that. For every story of someone who lost $50k there are multiple ppl posting that they made $50k
- JacobSuperslav 6y agoYou're wrong. There are numerous studies about that. Retail investors have a losing hand against the big players. It's the same story as going into a casino. One of the dozens of studies on that topic: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1872211 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1872211 Over 90%(low end estimation) of retail investors make less than inflation long term. The number fluctuates depending on the study.