Investing is similar to gambling. A common definition for g...
Investing is similar to gambling.
A common definition for gambling:
. take risky action in the hope of a desired result.
Investing: devote (one's time, effort, or energy) to a particular undertaking with the expectation of a worthwhile result.
Gamblig is theorized as probability. Investing is similar without distinguishing between various forms of investing vs. gambling: LT, ST, options and betting red vs. black on the roulette table or the roll of the dice in craps, investing and outcome is best differentiated in discerning industry trends and which team of leaders will execute consistently in a marginally superior fashion.
A common definition for gambling:
. take risky action in the hope of a desired result.
Investing: devote (one's time, effort, or energy) to a particular undertaking with the expectation of a worthwhile result.
Gamblig is theorized as probability. Investing is similar without distinguishing between various forms of investing vs. gambling: LT, ST, options and betting red vs. black on the roulette table or the roll of the dice in craps, investing and outcome is best differentiated in discerning industry trends and which team of leaders will execute consistently in a marginally superior fashion.
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