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General Poker
is it gambling ?
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[QUOTE="dlam, post: 1830675, member: 78875"] There's a controvery if "investing" is really gambling. If you were to buys stocks in the anticipation of returns based on projected earnings and those earnings were made and increased the value of the company reflects on its stock price or dividends as with most value equity stocks than yes it's not gambling. However it the "investing" takes into account that the stock value will be grow..as in growth equity stocks ( the tech stocks of the 2000) and capital gains appreciated exceed the P/E ratio expected then it becomes gambling as the price is likely controlled by manipulation, much like the daytraders during the tech nasdaq bubble. Fear and greed start becoming important elements in decision making and create extreme volatily in the stock price. The price of the stock becomes impossible to predict and this is gambling. Knowlege has nothing to do with gambling. I know the rules, stragety, odds of blackjack when I play and its still gambling....someone may not know the stragety of blacjack as well but he's still gambling....I might win more often than him but im still gambling.....in the end the house wins. Back to the stock market, inside knowledge is something different , Martha Steward went to prison cause she had knowlege not everyone knew and got caught. But that knowlege is considered cheating. [/QUOTE]
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