Re:Are You Trading or Gambling?
by sneak on Saturday February 27, 2021 @02:18PM
(#26287349)
> You could die driving to the store, but the odds are tiny and the benefits are huge. Driving to the store isn't gambling.
This statement seems uncontroversial, but I am not sure it is true.
Driving to the store is one of the riskiest activities I (used to) regularly engage in. Now that I do it (much) less, I do indeed perform a risk/reward analysis of getting into a car (when before it was automatic, with an assumed zero risk due to normalcy bias).
It is possible that under a strict definition we are indeed gambling with our lives each time we get in an automobile.
This statement seems uncontroversial, but I am not sure it is true.
Driving to the store is one of the riskiest activities I (used to) regularly engage in. Now that I do it (much) less, I do indeed perform a risk/reward analysis of getting into a car (when before it was automatic, with an assumed zero risk due to normalcy bias).
It is possible that under a strict definition we are indeed gambling with our lives each time we get in an automobile.