Have a colleague at work place who keeps saying that gambling is also investment that in gambling whatever amount you use to gamble can actually yield back the results, he emphasize on that if you are gambling you should do the best to use a better amount to place your bet so that if you win then you gonna have good pay out.
Did your friend ever think of when you use a bigger amount, and you lose out everything? Gambling is just a game of luck, despite there are some people who use it as a source of income but it can never be compared to investment. Your friend has a very wrong impression about investment, gambling is not investment and investment is not gambling.
Yes, there are many people who make gambling an investment, they have the mentality that they are making an investment and from here they will definitely make a profit, they have the mentality of making a sure profit. In gambling, the results mainly depend on luck, where in the long run most of the participants face losses. On the other hand, the basis of investment is research, risk assessment, patience and long-term planning.
But if a person does not understand these things, then I think that he does not have any real knowledge. If someone enters the market with the hope of quick profits, makes decisions without research or buys on emotion, then I believe that his behavior is completely like gambling. If we want to achieve something good in a business or an investment, first we have to research it thoroughly, consider the risks, Because no one can achieve success with 100% surety. So it is clear that an investment can be a gamble if we manage that investment completely unrealistically, but a gamble can never be an investment, no matter how well we do it.