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[QUOTE="OzExorcist, post: 996505, member: 23910"] As a general statement, I don't have much of a problem with that. Investing in shares, for example, is actually very similar in scope to playing poker. You're making investments based on the information you have at the time and your attitude towards risk. The outcome (future price of the share) is unknown at the time of purchase though. Good investors engage in risk management behaviours (portfolio diversification, etc) just as good poker players engage in risk management behaviours (bankroll management) and in the long run, good investors have a positive expectation just like good poker players do. Are there times when you wouldn't consider it gambling? Sure - your risk is all but negated and the outcome is pretty certain if you invest in government-issued bonds, or in term deposits with a government-insured major bank. But in general, I'd happily agree with the statement. [/QUOTE]
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