SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Sharks in the Septic Tank

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Lane3 who wrote (15678)6/5/2001 7:33:57 PM
From: TimF  Read Replies (2) of 82486
 
Ten reasons why...

...gambling's different from investing

theinquirer.net

SOME RELATIVES of mine were trying to tell me that
investing is the same as gambling. After thinking about the
differences a bit, here is what I came up with -- email me
with your own and I'll pass those along also.

1. People don't think you're more intelligent if you
consistently win at gambling.

2. Odds makers in casinos sometimes lose, while market
makers….

3. Unlike shorts and futures, casinos don't let you lose
more than you bet.

4. Investors don't form support groups. Actually, people
that lose vast sums of money sometimes brag about it.
Investor's anonymous, anyone?

5. Unlike investment winnings, you can't brag about your
gambling winnings at church.

6. Pawn shops don't spring up around investment houses.

7. Gamblers don't post on message boards about what
number they think will come up on the roulette wheel
based on technical analysis.

8. Casinos don't charge an $8 fee to take your bets.

9. You don't have to grow a pony tail and claim your
Native American heritage to open a brokerage house.

10. Ameritrade doesn't try to get you drunk with free liquor
before you make a trade.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext