Comment on When does investing become gambling?
Moneo@lemmy.world 1 week agoYou 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.
Comment on When does investing become gambling?
Moneo@lemmy.world 1 week agoYou 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.
bss03@infosec.pub 5 days ago
The DJIA (e.g.) isn’t “the house”. It isn’t something you are competing with in that your losses are its/their gain. You are misunderstanding both investing (in general and the stock market specifically) and gambling when you make that confusion/analogy.
Not beating the market but having positive returns is only “losing” when infinite exponential growth is the goal. Beating the market but having negative returns is not “winning”.