View Single Post
Old 10-30-2015, 12:57 PM   #1
Slava
Franchise Player
 
Join Date: Dec 2006
Location: Calgary, Alberta
Exp:
Default Is investing really like gambling?

You can read my latest here: http://victorlough.com/blog/1918775-...-like-gambling

Quote:
When people think of gambling in a broad sense I assume they equate the risk and reward to things like a roulette wheel, or slot machine, or maybe in less times the lottery. Those are not good proxies for the stock market, and have almost no relation to investing. But when you look at gambling and in particular Poker, you have a much higher correlation with investing and the stock market and here's why:
Slava is offline