Re:Launch HN: Stock Unlock (YC W22) – Investment Education f...
by smt88 on Saturday March 12, 2022 @12:02PM
(#30652772)
> since we believe investing is not gambling
All investing is betting. Day-trading and forex "investing" are certainly gambling, and there is a lot of addiction among day-traders.
Stock-picking is more controversial in terms of whether to call it gambling, but if we know that nearly 100% of individual investors won't beat the market in the long-run, then it seems a lot like a casino, where the house always wins.
All investing is betting. Day-trading and forex "investing" are certainly gambling, and there is a lot of addiction among day-traders.
Stock-picking is more controversial in terms of whether to call it gambling, but if we know that nearly 100% of individual investors won't beat the market in the long-run, then it seems a lot like a casino, where the house always wins.