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Addiction Markets

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383 points toomuchtodo | 2 comments | | HN request time: 0.497s | source
1. daemonologist ◴[] No.45778402[source]
What it comes down to I think is that historically, on average, stock traders come out ahead while "gamblers" do not. (Of course you can still go all-in on one company, or buy insane options, or use leverage, etc., and thereby gamble on stocks.)
replies(1): >>45779342 #
2. laterium ◴[] No.45779342[source]
Investors come out ahead, not traders. The more "trading" it is (meaning more short term), the more like gambling it is. There's even a point where you go from positive to negative sum.