3 ms·
> You're essentially boiling the definition down to the degree of risk Indeed, but I'm not alone in making this decision, it's a common thing in the finance wo
by mschuster91 2mo ago
> You're essentially boiling the definition down to the degree of risk
Indeed, but I'm not alone in making this decision, it's a common thing in the finance world, known there as "accredited investor" [1].
Generally, the distinction between gambling and investing (a fine line that especially Kalshi and Polymarket are attempting to walk, by the way) often is "can the investor / gambler influence the outcome of the investment by knowledge". Say, a stock like GME... the initial analysis by DFV clearly was investment, based on very thorough research. The Army of the Apes however that m00ned the stonk? That was pure degenerate gambling, with the point not being profits but hedgefunds closing down.
[1] https://en.wikipedia.org/wiki/Accredited_investor https://en.wikipedia.org/wiki/Accredited_investor