6 ms·
Fair point re seeking the best return given the same risk profile. Allow me to refine my point: It's gambling when you seek to increase your risk profile in th
by hgomersall 28d ago
Fair point re seeking the best return given the same risk profile.
Allow me to refine my point: It's gambling when you seek to increase your risk profile in the hope of gaining higher returns, without actually doing anything else other than "invest" the money.
- Dylan16807 28d ago> It's gambling when you seek to increase your risk profile in the hope of gaining higher returns I generally agree, but I don't think it's a binary. If an insured bank is 10% gambling then an index fund is 20% and roulette is 100%. And the snow derivative sounds like it's probably above 80%. > without actually doing anything else other than "invest" the money. I don't see why this changes whether it's gambling. Investing in a restaurant and starting your own restaurant are both very risky bets.