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[–] 49 points 4 months ago (4 children)

and recognize it for what it is: gambling on whether some dudes think this company is worth more today than yesterday.

if you were gambling on what some dudes thought about an egg you'd take it a lot less seriously.

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  • [–] 1 point 4 months ago (1 child)

    I disagree that investing in the stock market is gambling with the caveat that many people treat it like gambling.

    What I mean is that boring, defensive trading is a fairly predictable thing. Boring, stable and mature companies are typically safe investments that do grow over time and are a good way to protect yourself against inflation.

    The issue is people want to maximize returns, even if expectations are unrealistic, and make risky gambles at unwarranted expected returns. Look at a company's profit, expenses, history and dont expect the future to be ideal for big returns.

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