There’s nothing moral. It’s gambling either way. The only confusion comes from people who bend over backwards to convince themselves they aren’t gambling becau

There’s nothing moral. It’s gambling either way. The only confusion comes from people who bend over backwards to convince themselves they aren’t gambling because of weird “it’s a sin” morals that leak into their mind. Betting against a company by shorting has no different moral component than betting on a company by investing. Either way you aren’t doing work and are taking risk to get a higher return. Insurance products have different risk curves but they are still gambling. Someone can buy a ton of garbage houses, buy bunch of insurance, and just hope they burn down for the payout.