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January 24, 2018, 02:10:02 PM |
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don't see the point in discussing if investing is gambling or not
you can call it any way you like,but gambling has inbuilt negative EV
due to the house edge,so you are bound to be losing in the long run,
while investing has inbuilt positive EV because you are the house
also investing doesn't bare risks of suboptimal betting strategies and bad bank management
which are the main causes of people losing money,they smply do not know how to gamble
and will lose far more than 1% HE on average
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