No Stupid Questions@lemmy.world · 1 year ago

When does investing become gambling?

No Stupid Questions@lemmy.world · 1 year ago

Is there a hard threshold? Do high risk investments such as penny stocks qualify as gambling? Do low risk investments? Annuities? Bonds? CDs?

This comment got me wondering.

Is it more to do with the venue? Stock markets and real estate vs casinos and the lottery?

Were the MIT Blackjack Team gambling or investing?

Or Jerry and Marge Selbee?

Is this just another semantic hotdogs are sandwiches discussion or is there an agreed threshold?

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1 year ago
You can dress it up in whatever language you want but when nobody is able to consistently beat the market it looks a hell of a lot like gambling.

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