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The only difference is a special exemption in the law for investing, as otherwise it would fall under the definition of gambling. Investing is gambling for big
by akomtu 3y ago
The only difference is a special exemption in the law for investing, as otherwise it would fall under the definition of gambling. Investing is gambling for big guys.
- slashdev 3y agoThat’s just wrong. The comment you replied to is correct. In gambling the odds are against you. In investing the odds are with you (if they’re not, you’re doing it wrong!) you can get lucky or unlucky in either, but one has a negative expected return over time while the other has a positive expected return.