766
Life is one big slot machine (thelemmy.club)
submitted 1 day ago by to c/memes@lemmy.world
98 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] 1 point 1 day ago (3 children)

it's educated gambling where the house has significantly less of an edge (or at least appears to)

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 8 points 1 day ago (1 child)

    gambling has negative expected value, the house always wins in the long run.

    the stock market has pretty much always trended up over time so if you just buy a bunch of stuff and wait a while you will pretty much always win. (you can still gamble with stocks, it's just that stocks are fundamentally different and you can also not gamble)

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •