News for hackers. Stuff that matters.

A comment on Massive new data set suggests economic inequality is about to get even worse. Parent comment

Re:Massive new data set suggests economic inequality is abou... by rdlecler1 on Sunday January 07, 2018 @11:33PM (#16094673)
And given that these people are willing to invest in lottery tickets, what's the odds that they'll make good stock market investors?
[ Parent | on HN ]
Re:Massive new data set suggests economic inequality is abou... by WalterBright on Monday January 08, 2018 @12:12AM (#16094796)
Given that monkeys randomly throwing darts seem to do better than professionals, I'd say the odds are very good they'll do better than the lottery.

The ROI (Return On Investment) for lottery tickets is negative 53%.

https://www.theawl.com/2012/02/how-much-can-you-expect-as-a-...

[ Parent | on HN ]