Thanks! Based on what you said, do you think investings on stock market is gambling too?
Thank U 4 Responding.
There is gambling on stocks for the same reason. If you are buying a stock based on the outcome of a single event, say the success of a new drug for a drug company. You are gambling on a single event. In the stock market they call it speculation, it is just gambling.
Investing in startup companies is not investing as much as gambling. The single event is will the startup go public or be bought out.
Investing means supporting a company financially that has proven success to expand that success. When you are investing you should be looking for solid maintained growth that can be replicated for several years going forward. Not for a single event that will get the stock price to jump.
As an interesting point because most CEOs are payed on stock performance, most "investments" in the stock market are gambles. Companies have done away with dividends which are good for stock holders and moved to stock price value which is good for speculators "stock traders" and their friends the CEOs.
People shy away from using the word gamble as it has a societal taboo to it. Poker players even in this thread have suggested because they can play in a way that gives them positive odds that it is not gambling. Again because of the societal taboo. You yourself suggested that not playing well was gambling but playing well was not. If that were true you would never lose when you play well. That happens all the time.
If you are are all in 70% to 30% you are gambling. If you are 100% to win the hand there is no gamble anymore you are just extracting money. The other player is gambling on the fact that you are not 100% to win.
It is not necessary to agree with me because we are discussing the subjective definition of a word.
Unless of course you are often tilting because you are losing when you have AA or flop a set and lose to runner runner. If you stop for a moment and think, ohhh yaaa I was gambling and when you gamble it means you can still lose.
Hope this helps

