Many nonqualified investors don't understand bimodal probability distributions very well. They probably understand the risk of 'investing' their money at Las Ve

Many nonqualified investors don't understand bimodal probability distributions very well. They probably understand the risk of 'investing' their money at Las Vegas, and don't understand the similarity of this to angel investing. Politicians have a vested interest in avoiding large blocks of unhappy voters, and vote to optimize their lives, not yours.