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https://www.reddit.com/r/wallstreetbets/comments/1euijmd/how_my_doing/lilxn0m/?context=3
r/wallstreetbets • u/1Loveshack 🦍🦍🦍 • Aug 17 '24
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Why does Robinhood = gambling?
633 u/Deto Aug 17 '24 Not necessarily Robin hood, but if you 10x your money in a year, your were gambling 1 u/Servichay Aug 17 '24 Isn't all investing gambling? 4 u/Deto Aug 17 '24 Technically yes, but I'm talking about casino style gaming. Like if your expected return and the 90% confidence interval of outcomes looks similar to the odds you get in a casino - that's more 'gambling' than investing. 3 u/Servichay Aug 17 '24 Just busting ur ballz
633
Not necessarily Robin hood, but if you 10x your money in a year, your were gambling
1 u/Servichay Aug 17 '24 Isn't all investing gambling? 4 u/Deto Aug 17 '24 Technically yes, but I'm talking about casino style gaming. Like if your expected return and the 90% confidence interval of outcomes looks similar to the odds you get in a casino - that's more 'gambling' than investing. 3 u/Servichay Aug 17 '24 Just busting ur ballz
1
Isn't all investing gambling?
4 u/Deto Aug 17 '24 Technically yes, but I'm talking about casino style gaming. Like if your expected return and the 90% confidence interval of outcomes looks similar to the odds you get in a casino - that's more 'gambling' than investing. 3 u/Servichay Aug 17 '24 Just busting ur ballz
4
Technically yes, but I'm talking about casino style gaming.
Like if your expected return and the 90% confidence interval of outcomes looks similar to the odds you get in a casino - that's more 'gambling' than investing.
3 u/Servichay Aug 17 '24 Just busting ur ballz
3
Just busting ur ballz
174
u/Servichay Aug 17 '24
Why does Robinhood = gambling?