Quote:
Originally Posted by Jeff P
That raises a really interesting fundamental question... at least a question that's really interesting to me:
What's the difference between an "investment" and a "bet?"
(Is there really a difference?)
-jp
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Good question. Probably no difference. In my view, betting involves far more risk than investing. The term "investing" is used when someone wants to make their use of money sound sensible and "betting" is used when someone wants to make the use of money sound irrational.