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Pastimes : SI vs. iHub - Battle of the Boards Part 2
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To: EL KABONG!!! who wrote (4046)5/28/2002 6:22:43 PM
From: The Philosopher  Read Replies (1) of 5315
 
If I remember correctly, the NYSE had the highest average age, highest
average income, highest average education level, etc. among its customers.

This tracks what I understand to be the general demographics of gambling, too -- that the wealthy go for higher stakes games, where the house percentage is fairly low and you tend to win almost as much as you gamble, while the poor have to be satisfied with buying lottery tickets that are cheap and have a very low likelihood of paying of but pay off big when they do.

Would be interesting, if people were willing to be honest, to have people here say a) how often in the past year they have bought a lottery ticket, and b) how often in the past year they have traded (short or long) a pink sheet stock.

In my case, it's zero and zero.
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